Most Splendid Housing Bubbles in Canada, November Update, after Bank of Canada Ended QE and Put Rate Hikes in Sight by Wolf Richter • Dec 18, 2021 • 225 Comments Home prices spike in a few cities, “pause” in some, drop in others. Vancouver prices are below August levels.
The Most Splendid Housing Bubbles in Canada “Pause” after Bank of Canada Ends QE, Starts Unwinding its Balance Sheet by Wolf Richter • Nov 17, 2021 • 87 Comments Home prices fell in Vancouver, Ottawa, and Montreal; were flat in Toronto, other cities for the first time since 2019.
Suddenly Hawkish Bank of Canada Ends QE, Moves Rate Hikes Forward. 1-Year and 2-Year Yields Spike by Wolf Richter • Oct 27, 2021 • 101 Comments Spooked by inflation not being temporary.
The Process of Ending Massive Money Printing Has Started by Wolf Richter • Sep 9, 2021 • 261 Comments ECB second giant to taper. Bank of Japan already ended QE. Bank of Canada shed 15% of assets. UK, Australia are tapering. New Zealand quit cold turkey
The Most Splendid Housing Bubbles in Canada Dogged by the Bank of Canada’s End of QE by Wolf Richter • Aug 20, 2021 • 142 Comments The housing insanity “softens.”
This Reddit Lament Sums up Wonderfully What Lots of Home Buyers Will Grapple with as Housing Market “Normalizes” and Work from Home Fizzles by Wolf Richter • Aug 10, 2021 • 284 Comments The price of FOMO.
The Most Splendid Housing Bubbles in Canada: Why the Bank of Canada is Cutting QE by Wolf Richter • Jul 20, 2021 • 127 Comments And the utter craziness has begun to “decelerate” in some markets.
Bank of Canada Cuts Bond Purchases for 3rd Time, Bank of New Zealand Stops QE Cold-Turkey, Citing Housing Bubble in “Least Regrets Policy,” Following a Slew of other Central Banks by Wolf Richter • Jul 14, 2021 • 150 Comments Why is the Fed so far behind the curve? Other central banks are now making room for “persistent” inflation.
Bank of Japan Stops QE, Reserve Bank of Australia Starts Tapering, Bank of Canada & Bank of England Already Tapering, Amid Shock-and-Awe Rate Hikes in Emerging Markets by Wolf Richter • Jul 6, 2021 • 167 Comments The Fed is a laggard, now discussing when and how to taper QE. The ECB is an even bigger laggard, as inflation begins to rage.
The Most Splendid Housing Bubbles in Canada: Even the Bank of Canada Gets Nervous and Tapers by Wolf Richter • May 19, 2021 • 132 Comments House prices in the largest markets have gone nuts amid “extrapolative expectations and speculative behavior,” as the Bank of Canada put it.
