Mind the “Directional Shift” in the Housing Bubble in BC, Canada by Steve Saretsky • Jun 22, 2018 • 54 Comments It’s not subtle: Home sales plunge, inventory jumps, prices begin to react.
Why a US-Style Housing Bust & Mortgage Crisis Can Happen in Canada, Australia, and Other Bubble Markets by Wolf Richter • Jun 20, 2018 • 80 Comments Despite persistent and false memes to the contrary.
Canada Has a Subprime Real Estate Problem, You just Don’t Know It by Stephen Punwasi • Jun 15, 2018 • 57 Comments Subprime goes to the Toronto condo market.
My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar by Wolf Richter • Jun 9, 2018 • 32 Comments Trade agreements are designed to benefit companies, not people – which is part of the problem.
How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide by Wolf Richter • Jun 7, 2018 • 139 Comments The “waterbed effect” of money flows.
Toronto’s House Price Bubble Not Fun Anymore by Wolf Richter • Jun 4, 2018 • 56 Comments Average price of single-family house plunges 13%, or C$160,000 from peak. Sales of homes priced over C$1.5 million collapse by 63%. Condos still hanging on.
The Oil Giant that Outsmarted Trudeau by Nick Cunningham • May 30, 2018 • 44 Comments Canada has been taken for a ride by Kinder Morgan.
How People Turn into “Debt Slaves?” by Wolf Richter • May 12, 2018 • 29 Comments The Price of Easy Money, Low Interest Rates, and Debt Bubbles: Wolf Richter with Jim Goddard on This Week in Money.
Bank of Canada: 8% of Canadian Households Owe More Than 20% of the $2.1 Trillion in Debt by Daniel Wong • May 5, 2018 • 49 Comments These Canadians are in a “highly vulnerable” position.
Toronto’s Splendid Housing Bubble Turns to Bust by Wolf Richter • May 3, 2018 • 70 Comments Market freezes up at the top. Average price of detached house plunges C$175,000 in 12 months.