Canadian real estate correction was side-effect of recession, not cause, while U.S. market still faces challenges, report says
Tag Archives: Market
Increased demand steadies housing market in Greater Vancouver
A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.
Making sense of today's housing market
In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment rates, population and immigration figures, economic growth, mortgage rates, and that most nebulous of criteria, consumer confidence.
Canadian housing shows bubble traits: economist
reportonbusiness.com: Canadian housing shows bubble traits: economist: Canadian housing shows bubble traits: economist DAVID PARKINSON Globe and Mail Update October 1, 2008 at 1:58 PM EDT NIAGARA-ON-THE-LAKE, Ont. — U.S. economist Robert Shiller says Canada’s housing market has been following a similar boom-and-bust path as that seen in the United States, but fundamental differences between [...]
Why the housing market is not set to melt down
reportonbusiness.com: Why the housing market is not set to melt down: Globe and Mail Update September 25, 2008 at 6:50 PM EDT While the “best days” for Canada’s real estate markets may be over, comparing the Canadian outlook to the U.S. housing meltdown is off base, two Bank of Nova Scotia economists say in a [...]