Real Estate Booms to busts
Population density and house prices: Should Vancouver command such a premium?
MARCH 21, 2012
It’s been frequently suggested that Vancouver’s lack of available land has driven house prices to extreme levels. That same thought has also been used to justify Toronto house prices, though to a lesser degree. I want to share a couple thoughts on that front...
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Canadian house price affordability measures are still misleading
MARCH 07, 2012
Affordability measures continue to make the news. Here's why you should view them with a healthy dose of skepticism.
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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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Are vacancy rates a leading indicator of house prices?
DECEMBER 16, 2011
Despite the fact that housing starts have substantially outpaced demographic demand, vacancy rates are low in most major Canadian markets. How can this be, and is this indicative of a healthy, stable market?
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NOVEMBER 25, 2011
The Economist warns on house prices; RBC (un)affordability index released -
NOVEMBER 03, 2011
Employment quality deteriorating; Business confidence drops again; Credit demand decelerates -
OCTOBER 21, 2011
Canadian inflation heats up; Why housing won't carry us through a recession; Positive mortgage in arrears data -
OCTOBER 17, 2011
Can the Bank of Canada orchestrate a soft landing in housing? -
OCTOBER 16, 2011
The housing affordability argument: Misleading, short-sighted, and just plain stupid -
OCTOBER 14, 2011
The week that was; Economics is all about "demand and demand"; Sherry Cooper sees positive demographic trends? -
OCTOBER 13, 2011
'Investor' expectations and the condo boom -
OCTOBER 08, 2011
A sky-high view of global real estate markets: Is Canada really different? -
OCTOBER 08, 2011
Housing cycles and a bird's eye view of global housing markets: Is Canada really that different? -
OCTOBER 07, 2011
Canadian "job boom" in September?; Leading profit indicators decline; TO new condo prices to stay high? -
OCTOBER 05, 2011
IMF warns on Canadian debt while our 'conservative' banks ramp up their antics -
OCTOBER 05, 2011
Toronto condo mania continues while the Vancouver market hits the brakes.
