Login

Real Estate

Is Canada in "Serious Trouble"?

Share on Facebook Tweet on Twitter

Posted by Zero Hedge

on Wednesday, 19 July 2017 11:21

canadahousing1

canadahousing2

One week after we channeled Deutsche Bank's Torsten Slok, who two years ago warned that "Canada is in serious trouble", a warning which was especially resonant after last week's rate hike by the Bank of Canada - the first since 2010 -  which we argued threatens to burst Canada's gargantuan housing bubble... CLICK HERE for the complete article



Banner

Real Estate

Housing Price Momentum and the Millionaire Metric

Share on Facebook Tweet on Twitter

Posted by Brian Ripley's Canadian Real Estate Charts

on Monday, 10 July 2017 08:09

chart-housing-momentum 6 orig

 

larger chart

HOUSING PRICE MOMENTUM Y/Y RATE OF CHANGE for Vancouver, Calgary, Toronto Single Family Detached Prices and the TSX Real Estate Index

....read more on the Housing Price Momentum HERE and the Millionaire Metric HERE



Banner

Real Estate

Canada Real Estate Bubble

Share on Facebook Tweet on Twitter

Posted by Market Oracle

on Friday, 30 June 2017 06:55

I’ve been seeing a lot in the news lately about Canadian and Australian real estate prices. Here’s just a sampling:

New Brunswick real estate offers a lesson on peak housing prices

Condo flipping on the rise as Vancouver market heats up

Face it Canada – you’re a real estate addict and no one wants a cure

Canada real estate industry welcomes Buffett to the neighborhood

Canada’s red hot real estate heats up apartment market to heights not seen in 30 years

Canada is on the ‘A-list’ for commercial real estate investors, in a world of uncertainty

Most of what we’re hearing is that there’s little to worry about with our neighbor’s real estate prices shooting to the moon.

Well, as I told 5 Day Forecast readers yesterday, there IS something to worry about. Something BIG.

Today, I’ll share with you what I told Boom & Bust subscribers yesterday…

Between early 2006 and late 2012, real estate in the U.S. took a whipping worse than what the Great Depression dished out. It lost 34% compared to the 26% it shed back in the early 1930s.

But property prices in Canada and Australia hardly paused, and then they continued their march higher.

Canadian home prices are now 84% higher than in the U.S.!

Despite Canadian’s slightly lower incomes!!

And the Aussies’ are even higher. Home prices in Australia are now 107% higher than those in the U.S.!

It’s terrifying. Stephen King should turn it into one of his horror stories. It’d be a best-seller.

canada-housing-market-1

....continue reading HERE



Banner

Real Estate

"Real" Gold & Real Housing Price of Van+Cal+Tor Priced in USD

Share on Facebook Tweet on Twitter

Posted by Brian Ripley's Canadian Real Estate Charts

on Wednesday, 28 June 2017 06:28

 goldchcp

Larger Chart

The chart above shows the "real" price of the TSX real estate index (RE/CCI green dotted plot line) and the "real" price of the TSX gold index (Gold/CCI yellow dotted plot line).

....read more HERE

goldchcp1

Larger Chart

The chart above shows the "real price" of Vancouver, Toronto & Calgary SFDs when looked at from the point of view of the BoC Canadian Commodity Index (CCI) and Borrowing Costs (retail 5yr Mortgage) which are the main input costs apart from operating expenses and tax.



Read more...

Banner

Real Estate

Is the Housing Rally Over?

Share on Facebook Tweet on Twitter

Posted by Dash of Insight

on Tuesday, 20 June 2017 07:28

With soft housing data last week and higher interest rates expected, it is a good time to ask:

Is the housing rally over?

Last Week Recap

The big economic news last week was the Fed policy decision and guidance. Friday’s announcement of the Amazon purchase of Whole Foods grabbed the headlines. Attorney General Sessions’ Senate Testimony got the gavel-to-gavel treatment.

Our question from last week – a possible change in market leadership – did attract some discussion. Friday’s grocery news is still being digested, but the sector shifts were pronounced.

The Story in One Chart

I always start my personal review of the week by looking at this great chart from Doug Short via Jill Mislinski. Despite the mid-week Fed announcement, the result for the week was barely changed.

f7f49ea8e2de282d558c32a491fb4787

....continue reading HERE

 



Banner

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >> Page 5 of 37

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Josef Ozzie Jurock Greg Weldon Ryan Irvine