Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US? by Wolf Richter • Aug 4, 2018 • 30 Comments The underlying dynamics are similar, but the approach is different.
Vancouver Condo Bubble Takes New Hit: Murky Condo Flippers Targeted in Pre-Sale Tax Hunt by Steve Saretsky • Jul 30, 2018 • 43 Comments The changes pose real threats to the highly speculative pre-sale condo market.
Spending on Housing Dropped 12% in Canada in June by Steve Saretsky • Jul 25, 2018 • 27 Comments The national slowdown was particularly unkind to the province of BC.
Foreign Buyers Made Me Do It: Canada Reflects Back on its Housing Bubble by Stephen Punwasi • Jun 27, 2018 • 45 Comments A massive survey of recent homebuyers reveals all.
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.
