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Household Debt Soars in Canada, “Stability” at Risk

March 13, 2015

Household Debt Soars in Canada, “Stability” at Risk Debt by Canadian households is a special phenomenon. Statistics Canada reported today that in the fourth quarter, household debt set another breath-taking record. Earlier this month, even Equifax Canada, which is in the business of facilitating and increasing this indebtedness, had warned about it. The total indebtedness […]

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“The Stage Is Set For A Massive Housing Market Correction in Canada’s Oilpatch”

February 3, 2015

“The Stage Is Set For A Massive Housing Market Correction in Canada’s Oilpatch” Two weeks ago we reported that “the next victim of crashing oil prices has been identified: housing“, particularly non-residential construction among the energy producing regions, where the capex collapse reality is already being felt far and wide. Eventually, once the overall economy […]

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Australian housing near world’s most expensive but forecast to rise further

January 15, 2015

Australian housing near world’s most expensive but forecast to rise further A major ratings agency forecasts Australian home price growth to slow, as the nation approaches an “affordability ceiling”. Fitch Ratings is forecasting 4 per cent growth in Australian residential property prices this year, down from around 7 per cent in 2014. In its 2015 […]

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Overvalued housing prices and how to read them: Don Pittis

January 13, 2015

Overvalued housing prices and how to read them: Don Pittis I was reading about baseball cards over the Christmas holidays and it made me think of Canadian houses. From the Bank of Canada’s warning to last week’s devastating analysis from Germany’s Deutsche Bank that claimed a 63 per cent overvaluation, it seems we are being told once […]

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SUBURBAN SPRAWL DOESN’T HAVE TO BE ECOLOGICALLY DEVASTATING

January 11, 2015

SUBURBAN SPRAWL DOESN’T HAVE TO BE ECOLOGICALLY DEVASTATING As development gobbles up open space, conservationists take a fresh look at subdivisions with biodiversity in mind. Fort Collins, Colo., is a growing, vibrant college town with a typical American problem: Beyond its idyllic historic city center, cookie-cutter subdivisions are eating away at farm fields, ranches and […]

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We must face the fact that houses could be the next oil: Don Pittis – Business – CBC News

December 16, 2014

We must face the fact that houses could be the next oil: Don Pittis – Business – CBC News. Recent reassuring comments about the Canadian housing market remind me of similar blandishments when oil prices began to fall. I wouldn’t want to overemphasize the parallels between houses and petroleum. Indeed, there are many differences in the […]

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Housing Fraud is Back – Real Estate Industry Intentionally Inflating Home Appraisals | Liberty Blitzkrieg

December 2, 2014

Housing Fraud is Back – Real Estate Industry Intentionally Inflating Home Appraisals | Liberty Blitzkrieg. Almost 40% of appraisers surveyed from Sept. 15 through Nov. 7 reported experiencing pressure to inflate values, according to Allterra Group LLC, a for-profit appraiser-advocacy firm based in Salisbury, Md. That figure was 37% in the survey for the previous […]

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