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Australia’s House of Cards is Collapsing: Recession Coming Up
Australia’s House of Cards is Collapsing: Recession Coming Up Australia’s housing collapse is now in full swing. A recession will follow shortly. Inga Ting, Geoff Thompson and Alex McDonald provide and excellent set of graphics and information on the bursting of Australia’s housing bubble at House of Cards. Home prices in more than four out […]
Canada’s Housing Market- Ready to implode!
Canada’s Housing Market- Ready to implode! Despite what the mortgage companies and loan-sharks tell you: All’s NOT hunky-dory with the Canadian real estate scene. Even the government, at all levels – Federal, Provincial, Municipal – are trying desperately to put on a brave face on the impending market correction. However, the numbers never lie. Here’s […]
Housing Collapse Coming Right Up
Housing Collapse Coming Right Up Mortgage rates are high and rising. Refinancing opportunities are nonexistent; home affordability has collapsed. The latest Black Knight Mortgage Monitor is worth a very close look. Here’s what the report says about the feature chart. Recent rate jumps coupled with climbing home prices have increased the cost to purchase the […]
Housing Collapse Coming Right Up
Housing Collapse Coming Right Up Mortgage rates are high and rising. Refinancing opportunities are nonexistent; home affordability has collapsed. The latest Black Knight Mortgage Monitor is worth a very close look. Here’s what the report says about the feature chart. Recent rate jumps coupled with climbing home prices have increased the cost to purchase the […]
Toronto Housing Market Implodes: Prices Plunge Most On Record
Toronto Housing Market Implodes: Prices Plunge Most On Record Until mid 2017, it appeared that nothing could stop the Toronto home price juggernaut: And yet, In early May we wrote that “The Toronto Housing Market Is About To Collapse“, when we showed the flood of new home listings that had hit the market the market, […]
The Toronto Housing Market Is About To Collapse By This Measure
The Toronto Housing Market Is About To Collapse By This Measure With the collapse of Home Capital Group focusing the world’s attention on the Canadian real estate market, nowhere is the subprime debt time bomb more likely to go off than Toronto, which as we recently noted “has gone nuts.” Even Bank of Canada Governor […]
“The Stage Is Set For A Massive Housing Market Correction in Canada’s Oilpatch”
“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 […]
Prepare for Property Prices to Fall in U.S. and Globally
Prepare for Property Prices to Fall in U.S. and Globally At the start of the New Year, there are increasing signs that the recovery seen in property prices in many cities in western countries — namely New York and other U.S. cities, and Dublin, London and other UK cities — is beginning to peter out. Many cities […]
