This post is 3 years old. The data and my views may have since evolved.Every year since 2005, Mortgage Professionals Canada has put out a meaty annual mortgage report summarizing the state of the market...
This weekend I read an article by Dr. Joshua Gordon in the Globe and Mail arguing that the focus on housing supply is a red herring, and demand stoked by foreign buyers, cheap credit, and...
This post is 4 years old. The data and my views may have since evolved.There’s a buzzword that I am seeing a lot in articles about the housing situation these days: the financialization of housing. ...
This post is 4 years old. The data and my views may have since evolved.If you want a vehicle, there are many options. You can choose the body type, then chose from amongst a dozen...
This post is 4 years old. The data and my views may have since evolved.Despite the gloomy headlines about ever increasing unemployment rates in Victoria, the effective unemployment rate continued to drop quickly in June. ...
Who knew that it would take a global pandemic and 18% effective unemployment in Victoria to bring average house prices to a million dollars?
This post is 4 years old. The data and my views may have since evolved.A month ago CMHC released a bold forecast for real estate: housing starts would plummet in 2020, sales would decline until...
This post is 4 years old. The data and my views may have since evolved.With the worst of the lockdown behind us, the biggest concern is no longer about the market locking up (it isn’t)...
This post is 4 years old. The data and my views may have since evolved.COVID-19 is for sure negative for Victoria’s housing market. Whatever trajectory we were on before, it’s been bent downwards by this...
This post is 4 years old. The data and my views may have since evolved.We know that the COVID situation has taken a big bite out of the housing market, with sales by the end...
