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Several people wrote in and posted a link to this article in Macleans about the Canadian housing bubble. It s an interesting read and a good introduction to anyone who wonders what all this bubble talk is about.Room 32 of the B.C. Supreme Court in ...
aggregated: 5 days 14 hours ago | 9 views
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This should come as a surprise to no one, but this province leads the nation when it comes to concern over personal debt according to an RBC report.RBC chief economist and senior vice-president Craig Wright said much of the debt concern centres aroun...
aggregated: 6 days 7 hours ago | 6 views
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The BoC release a speech on Monday with a significant portion dedicated to the housing market:http://www.bankofcanada.ca/en/speeches/2010/sp110110.htmlThis speech reminds us several times that rate policy is to be used to control inflation, and that ...
aggregated: 3 weeks 6 days ago | 39 views
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The Bank of Canada has announced that it will not raise interest rates to address concerns of a Canadian housing bubble. Unfortunately for those counting on a .25% base rate, that doesn t mean rates will stay low indefinitely, just that they won t ...
aggregated: 4 weeks 4 hours ago | 20 views
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Ok, this is all getting a bit weird. First we heard from bank economists, Flaherty and the PM the general message tended towards caution: don t buy what you can t afford, make sure you can handle rising interest rates, we ll keep an eye on the Ca...
aggregated: 4 weeks 1 day ago | 39 views
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The REBGV December 2009 stats are out and the average Vancouver House price has reached a mind-boggling $952,927 despite less than peak population growth rates.Don sent in the information above this chart shows Vancouver average house prices from 1...
aggregated: 4 weeks 6 days ago | 51 views
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A few interesting articles: The first from homes2012 is an editorial in the Vancouver Sun about Jim Flaherty as the bomb disposal expert that has to diffuse the Canadian housing bubble before it explodes.Flaherty is moving slowly oh, so slowly to...
aggregated: 6 weeks 5 days ago | 65 views
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Canadian Mortgage Trends has an interesting interview with Pierre Serre, the Vice President of Insurance Products and Business Development at CMHC. The upshot of the interview is that the CMHC has plenty of dough in reserve and poses no threat to t...
aggregated: 7 weeks 18 hours ago | 77 views
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Notice how there s been all sorts of bubble-talk in the national newspapers lately? Even the Americans have noticed our hyperactive market. Well you don t have to worry about it anymore. In November the Canadian housing market saw prices fall and...
aggregated: 7 weeks 5 days ago | 70 views
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Don sent in this link to yet another housing bubble warning in the mainstream media there seems to be more and more of these lately. They compare the two arguments for and against the case that we re in a housing bubble. The no bubble side seem...
aggregated: 8 weeks 2 hours ago | 46 views
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