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General Canadian Real Estate

Is Toronto in a bubble? Interesting discussion with a mortgage broker

DECEMBER 20, 2011

I had an interesting discussion with well-known Toronto mortgage broker David Larock.  It started with the following picture showing the real house price index I had created for Toronto

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The Economist warns on house prices; RBC (un)affordability index released

NOVEMBER 25, 2011

The Economist chimes in on Canadian real estate while RBC releases their quarterly housing affordability report.

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Employment quality deteriorating; Business confidence drops again; Credit demand decelerates

NOVEMBER 03, 2011

Employment growth has been strong in Canada, but CIBC is finding that the quality of the employment is deteriorating...

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Canadian inflation heats up; Why housing won't carry us through a recession; Positive mortgage in arrears data

OCTOBER 21, 2011

Inflation surprised to the upside while mortgages in arrears surprised to the down side.  Of course, the devil's always in the details...

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