The (Garbage) New Home Price Index
This post is 3 years old. The data and my views may have since evolved.It’s nothing but puzzles on the blog lately, and here’s the latest one: The New House Price Index (NHPI) is an...
Category: Opinion
March: Slow sales & tight supply, plus housing reforms
This post is 3 years old. The data and my views may have since evolved.March is a wrap, and the situation remained substantially the same as in February. Sales are still historically slow for this...
How to build enough housing
This post is 3 years old. The data and my views may have since evolved.There’s no doubt that we have a severe housing shortage in Canada and BC is especially bad. We can see that...
Construction is riding high, but will it last?
This post is 3 years old. The data and my views may have since evolved.Despite gathering dark clouds for the economy, the number of units under construction has been hitting an all time high in...
Eby’s big housing push: real deal or dud?
This post is 4 years old. The data and my views may have since evolved.A few weeks ago David Eby released his housing platform which contained a long list of actions both on the supply...
Vote housing
This post is 4 years old. The data and my views may have since evolved.If you hate politics, please skip ahead to below the break for an update on weekly numbers. Early voting is underway...
Fixed or variable? A risk analysis
This post is 4 years old. The data and my views may have since evolved.We’re at a somewhat unique moment in time for mortgage rates. One the one hand the gap between variable and fixed...
What happened to the real estate cycle?
This post is 4 years old. The data and my views may have since evolved.Back in 2018, the mortgage stress test was introduced. Nearly overnight it knocked about 20% of the buyers out of a...
How many homes do we need?
This post is 5 years old. The data and my views may have since evolved.It’s surprisingly difficult to answer the question of how much construction is enough. Most people (including past me) naively plot homes...
Will buying a home make you happy?
This post is 5 years old. The data and my views may have since evolved.This may seem like a silly question to ask on a blog called househuntvictoria. Most of my readers are looking to...