Housing Bubble Canada

Crazy Canadian Credit Confronts Crude, Eh?

Vikram Mansharamani | Posted 03.23.2015 | Canada Business
Vikram Mansharamani

Canada is in the midst of a unprecedented housing boom that seems likely to bust. I was recently in Canada and noticed a schizophrenic oscillation between housing exuberance and oil-price despair. What did it mean for the Canadian economy's outlook? Upon returning to the U.S., I did some research. What I found leads me to the conclusion that Canada is now among the most vulnerable large economies in the world. Here's why.

Too Many Condos? No, Canada Needs Way More, CIBC Says

The Huffington Post Canada | Daniel Tencer | Posted 11.19.2014 | Canada Business

Canada consistently ranks near the top on international lists of the world’s most overheated housing markets, with house prices far above historical...

Sunny Freeman

This Is What's Happening With House Prices Across Canada

HuffingtonPost.com | Sunny Freeman | Posted 10.15.2014 | Canada Business

Good news for homebuyers: There are finally some signs that the astronomical climb in Canada’s average home price is starting to abate. The good new...

Sunny Freeman

How CMHC Put Taxpayers On The Hook For Half A Trillion In Mortgages

HuffingtonPost.com | Sunny Freeman | Posted 10.09.2014 | Canada Business

When business professor Ian Lee asked a taxpayer-funded, multibillion-dollar insurance scheme for information about the risks in its portfolio, his re...

Why You'll Probably Read This Bad-News Story About The Markets

CBC | Posted 12.05.2014 | Canada Business

Why do we like market scare stories so much? On a day when U.S. job numbers offer more proof of an economic recovery, it seems strange at first that i...

Is ANYONE At The Top Worried About A Housing Bubble?

The Huffington Post Canada | Posted 09.23.2014 | Canada Business

The organization in charge of insuring Canada's mortgages isn't overly concerned about a housing bubble. In a speech to Montreal's Saint James Club...

Canada In ‘Significant' Housing Bubble

Financial Post | Posted 08.08.2014 | Canada Business

The No. 1 issue on James Hodgins’ mind is the eventual rise in short-term interest rates. The chief investment officer at Toronto-based CHS Asset Ma...

From Palace To Parking Spot: What Average Canadian House Will Buy You Around The World

The Huffington Post Canada | Daniel Tencer | Posted 07.21.2014 | Canada Business

The average house price in Canada hit $413,000 in June, an all-time record and a 7-per-cent jump from a year earlier. The average home in Canada today...

Sunny Freeman

Six Key Reactions About Canada's Housing Market Report

HuffingtonPost.com | Sunny Freeman | Posted 07.15.2014 | Canada Business

The average Canadian home price jumped an annual 6.9 per cent in June, suggesting that the market is still on a tear that has long passed the real est...

Sunny Freeman

Canada's Housing Market Is Massively Overvalued, Ratings Agency Warns

HuffingtonPost.com | Sunny Freeman | Posted 07.14.2014 | Canada Business

Ottawa may need to step in again to cool an overheated housing market that is showing no signs of slowing, according to a global credit rating agency....

Sunny Freeman

Majority Of Canada's Mortgage Lenders Worried About A Bubble: Report

HuffingtonPost.com | Sunny Freeman | Posted 07.08.2014 | Canada Business

Seven in ten Canadian mortgage lenders are concerned the country’s real estate sector is headed toward an unsustainable bubble that could burst at a...

Banking Watchdog Throws Red Flag On Canada's House Prices

CP | The Canadian Press | Posted 08.26.2014 | Canada Business

OTTAWA - Canada's banking regulator is warning of the risks in the housing market from too high home prices and too low mortgage rates.The second in c...

BMO Predicts When Canada's Housing Market Will Go Bad

The Huffington Post Canada | Daniel Tencer | Posted 06.12.2014 | Canada Business

Canada’s housing market will move into a protracted slump around 2018 thanks to shifting population patterns, the Bank of Montreal predicts in a new...

Why The OECD Sees 'Risks' In Canadian Mortgage Lending

CP/HuffPost Canada | The Associated Press | Posted 07.06.2014 | Canada Business

Canada should reduce the risk of a housing correction by making mortgage lenders shoulder more risk, the OECD says in a new forecast. The organizat...

Scotiabank: Canada's Long Housing Boom Is Coming To An End

The Huffington Post Canada | Daniel Tencer | Posted 04.16.2014 | Canada Business

Canada’s long housing boom is coming to an end, and because of the country’s growing reliance on real estate-related jobs, that will be a drag on ...

CIBC Economist, Analyst Duke It Out Over Housing Bubble

Financial Post | Posted 04.11.2014 | Canada Business

Benjamin Tal never imagined himself the defender of the Canadian housing market, but the deputy chief economist at Canadian Imperial Bank of Commerce ...

Canada's Housing Market 'Flying Blind': CIBC

The Huffington Post Canada | Daniel Tencer | Posted 04.04.2014 | Canada Business

Ever notice how everyone seems to be wrong about Canada’s housing market? The pessimists predicting a housing bubble collapse have been wrong so far...

What Housing Bubble?

CP | Julian Beltrame, The Canadian Press | Posted 05.24.2014 | Canada Business

OTTAWA - The Conference Board isn't buying the notion that Canada's housing market will suddenly crumble, saying the most likely outlook is for a mode...

'Dangerous' Meddling Threatens Housing Market: Economist

The Huffington Post Canada | Daniel Tencer | Posted 03.12.2014 | Canada Business

Not only is there not a housing bubble, but Canada’s low interest rates mean there’s plenty of room for house prices to grow, says an analysis fro...

Housing Correction 'Starts This Year'

The Huffington Post Canada | Daniel Tencer | Posted 03.03.2014 | Canada Business

The house price correction that some market analysts have been predicting for Canada for years will begin this year, says the world’s largest bond f...

Condo Market Flying Into ‘Turbulence': Report

The Huffington Post Canada | Daniel Tencer | Posted 01.23.2014 | Canada Business

Condo developers in Canada’s three largest metropolitan areas are building too many condos — 36 per cent to 68 per cent too many, according to a n...

Housing Bubble? Shh..

The Huffington Post Canada | Posted 11.26.2013 | Canada Business

Canada’s housing market “bears very close watching” because of the risk it is becoming overheated, the country’s top banking regulator said Mo...

Housing Bubble? Not On My Watch

CP | The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - Federal Finance Minister Jim Flaherty says he's prepared to clamp down on mortgage rules once again if Canada's housing market continues to h...

9 Signs Canada Has An Epic Housing Bubble

The Huffington Post Canada | Daniel Tencer | Posted 11.11.2013 | Canada Business

Maybe Canada doesn’t have a housing bubble. Maybe this time, it really is different. Maybe life expectancies have grown, and with them, people’...

3 Charts That Make Us Scared For Canada

Business Insider | Posted 01.23.2014 | Canada Business

The three charts at right (the first two produced by Ben Rabidoux, the third by BCA Research) are a bit worrisome. They present three ways of looki...