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Bring on the Real Estate Crash (in Views)
My generation has been shut out of the housing market for years. Something's gotta give. ...
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TheTyee.ca |
active:4 hours 7 min ago |
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Global Recession Going to Hit BC's Housing Market Hard
The widespread impact of the credit crisis on mortgage finance, the economy, and consumer confidence has generated an external shock, sending British ...
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Canadian_Revolution |
active:15 hours 10 sec ago |
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Once-sizzling B.C. home prices cooling
After years of listening to customers vent about soaring housing prices, says North Vancouver realtor Jackie Reid, it's nice to see a return to days w...
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travelbug |
active:5 days 1 hour ago |
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Boom, Bubble and Bust
Tom Durning passes along a New York Times article from October 21 that now seems dated by fast-changing events:A Canadian Condo BoomAlthough price inc...
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Price Tags |
active:1 week 2 days ago |
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BC to see steepest price drop in 2009
The Canadian Real Estate Association has just released an updated housing market forecast and predicts that next year BC will see the steepest house s...
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Vancouver Condo Info |
active:1 week 2 days ago |
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Friday Free-for-all! (spooky edition)
Alright, you made it to the end of the week. Here's our news round-up to kick off the discussion:-Falling BC house prices a reality check-CBC map of...
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Vancouver Condo Info |
active:2 weeks 6 days ago |
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Canada tracking US with 2 year lag?
The Globe and Mail is reporting today that Merrill Lynch & Co are growing more alarmed' that the Canadian housing market is tracking the US housing...
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Vancouver Condo Info |
active:3 weeks 1 day ago |
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Foreign buyers disappearing?
The problem with having your recession at the same time as everyone else is that it can put a damper on the dream that a wealthy foreigner will swoop ...
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Vancouver Condo Info |
active:4 weeks 8 hours ago |
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IMF: House prices compound crisis
Pani sent in this link to an International Money Fund research department write-up on falling house prices in advanced economies and their impact on t...
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Vancouver Condo Info |
active:4 weeks 1 day ago |
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CIBC: Canadian housing market predictions
The CIBC economic forecasting dartboard hasn't been remarkably accurate lately, so I'm not sure how to take this most recent prediction from Benjamin ...
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Vancouver Condo Info |
active:6 weeks 1 day ago |
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Merrill Lynch warns of Canadian housing crash
Realbiz pointed out this story in the Globe and Mail this morning: A recent report from Merrill Lynch Canada is warning of a Canadian housing market c...
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Vancouver Condo Info |
active:8 weeks 13 hours ago |
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Canadian housing boom ‘definately over'
Thats according to UBC Sauder School of Business professor Tsur Somerville. Its not just the Vancouver housing market that's taking a dive - all acr...
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Vancouver Condo Info |
active:9 weeks 1 day ago |
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Canadian housing boom ‘definitely over'
Thats according to UBC Sauder School of Business professor Tsur Somerville. Its not just the Vancouver housing market that's taking a dive - all acr...
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Vancouver Condo Info |
active:9 weeks 1 day ago |
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Turmoil is the new normal
Wow. What a weekend in the financial markets! Lehman Brothers has filed for chapter 11 bankruptcy, an emergency trading session was opened on Sunday...
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Vancouver Condo Info |
active:9 weeks 3 days ago |
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US Gov takes over Fanny & Freddy
The two largest mortgage finance companies in the US, Fannie Mae and Freddie Mac have been taken over by the US government in an effort to become the ...
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Vancouver Condo Info |
active:10 weeks 3 days ago |
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Killer bear mauls Vancouver housing market
So much for a softening market Vancouver real estate is into full-fledged bear mode. The latest numbers from the industry tell it all. In ...
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condohype |
active:11 weeks 6 hours ago |
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Helmut and the winds of change
Just a couple of BC housing market forecasts courtesy of Helmut Pastrick, the Chief Economist of the Credit Union Central of British Columbia. This fi...
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Vancouver Condo Info |
active:13 weeks 11 hours ago |
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The economic endtimes are nigh!
Vansanity points out an interesting article comparing warning sign of economic downturn in the US and Canada:Fifty-five thousand jobs disappeared last...
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Vancouver Condo Info |
active:13 weeks 1 day ago |
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Falling like leaves (link-o-rama)
Yeah, I know. August is far too early to be using an autumnal metaphor, but housing market cycles don't run on a regular schedule like the seasons do....
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Vancouver Condo Info |
active:14 weeks 1 day ago |
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Declining trans-pacific import traffic
I was told yesterday by one of my readers that Peter Mansbridge of the CBC had done a story on the expansion of container facilities at Long Beach, Ca...
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Stephen Rees's blog |
active:15 weeks 1 day ago |
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City hall greenlights density hike
A reader wrote (in a comment on another thread that will not appear there)Thoughts on this news story?And normally this is not something I would get i...
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Stephen Rees's blog |
active:16 weeks 16 hours ago |
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Mortgage crisis building in Canada
Todays Vancouver Province has an article on the growing risk of a US/UK style mortgage crisis in Canada. We're building like crazy at a time when the ...
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Vancouver Condo Info |
active:16 weeks 2 days ago |
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The definitive correction and other bullshit
My apologies for the obscenity in the headline but after Bob Rennie's cussing on yesterday's Bill Good Show, I felt I had no choice but to pay homage ...
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condohype |
active:17 weeks 6 days ago |
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Markets change
Yes, markets change and so do expert opinions'. And what a difference just a few days can make! Housing markets change at such a glacial pace tha...
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Vancouver Condo Info |
active:18 weeks 15 hours ago |
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Canadian house prices drop
This from today's Globe and Mail - Canadian house prices dropped in June for the first time in nine years: Canadian home prices fell in June for the f...
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Vancouver Condo Info |
active:18 weeks 1 day ago |
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Gov kills 40 year zero down mortgages
Looks like the Canadian government is starting to heed the US housing market lesson - the Federal Government will no longer guarantee 40 year or zero ...
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Vancouver Condo Info |
active:19 weeks 12 hours ago |
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not just north america.
North America isn't alone in struggling with the combined challenge of inflationary pressure and economic stagnation. The fed recently decided to ke...
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Vancouver Condo Info |
active:19 weeks 6 days ago |
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Soft landing seen for housing market
The Bank of Canada is predicting a 'soft landing' for the Canadian housing market as the national real estate boom cools. The central banks deputy g...
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Vancouver Condo Info |
active:21 weeks 1 day ago |
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Vision candidate proposes speculator tax
Vision Vancouver mayoral candidate Gregor Robertson has proposed that Vancouver implement a speculator tax to deter condo speculation. In this case s...
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Vancouver Condo Info |
active:22 weeks 1 day ago |
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Up to our necks in debt
There are increasing indications that our reputation of being a financially conservative in Canada is more myth than reality. As a group, we're taki...
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Vancouver Condo Info |
active:22 weeks 2 days ago |
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Global BC and the moment of truth
If you caught last night's Global BC News Hour, you may have witnessed a turning point in mainstream media coverage of Vancouver real estate.If you mi...
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condohype |
active:24 weeks 2 hours ago |
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The Affordable City
John Davis of Burlington Associates introduced himself as a practitioner not an academic. In the small town of Burlington, Vermont he has been one of ...
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Stephen Rees's blog |
active:26 weeks 5 days ago |
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Government stumbles badly on forest industry
The Liberals are making a mess of the forests file, politically and practically. It's painful to watch Forest Minister Rich Coleman bluster in the leg...
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Paying attention |
active:26 weeks 5 days ago |
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Peak-oil spike reshapes the suburbs
Georgia StraitA series of interviews about the impact of rising gas prices on places that are car dependant.But the recent rise in gas prices is more ...
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Stephen Rees's blog |
active:26 weeks 6 days ago |
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The US Housing Crisis is Over
Here's a more bullish counterpoint to Chicken little' Lereah's opinion that the US housing market is in for more pain - The Wall Street Journal is ...
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Vancouver Condo Info |
active:28 weeks 18 hours ago |
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Lereah: It's going to get worse.
Looks like a couple of years can really change a guy. According to this article in Newsweek David Lereah, the former chief forecaster for the Nation...
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Vancouver Condo Info |
active:28 weeks 1 day ago |
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Canada's risky new mortgages
Thanks to Condohype for sending in the link to this story in todays Vancouver Sun: mortgages move into uncharted waters. This is a similar article t...
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Vancouver Condo Info |
active:29 weeks 1 day ago |
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stretched buyers fuel boom
I'm not sure why this article is located on globe sports' in the hockey section, but this article about mortgage trends in Canada has some shocking...
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Vancouver Condo Info |
active:30 weeks 11 hours ago |
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Making it Happen: Sustainable Smart Growth
Gov Parris N Glendening at SFU downtown April 17The former Gov of Maryland, he is now the President of the Smart Growth Leadership Institute, which he...
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Stephen Rees's blog |
active:30 weeks 5 days ago |
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Bidding farewell to the boom
According to this article in the Globe and Mail the Canadian housing boom is now officially over . It's time for Canadians to bid the housing boo...
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Vancouver Condo Info |
active:30 weeks 6 days ago |
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Growing majority avoid buying
When you're in the middle of an investment mania it's hard to imagine things ever being any different. A couple of years ago a number of Americans t...
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Vancouver Condo Info |
active:31 weeks 2 days ago |
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Houses worth less than their pipes
The crashing US housing market and the high price of metal has led to a bizarre situation: Some houses are now worth less than the scrap metal in thei...
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Vancouver Condo Info |
active:33 weeks 1 day ago |
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Vancouver sales drop for second month
It appears the continuing erosion of affordability is taking its toll in Vancouver with fewer people buying real estate while listings grow. So far 2...
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Vancouver Condo Info |
active:35 weeks 2 days ago |
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The invincible canadian real estate market
The Canadian Real Estate Association is predicting the Canada resale housing market will remain at or near record levels' this year. The statisti...
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Vancouver Condo Info |
active:43 weeks 3 hours ago |
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predictions on prices after the olympics
How much will a house or condo in Vancouver cost after the winter Olympics? Will prices crash or increase forever? Who knows. I'm not going to predi...
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Vancouver Condo Info |
active:44 weeks 1 day ago |
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Bad day for banks
Trading in CIBC stock was temporarily halted as they announced plans to sell large chunks of stock at a 9.5% discount. CIBC is making this move to r...
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Vancouver Condo Info |
active:44 weeks 1 day ago |
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US Recession may affect Canada
I'm submitting the title of this post for the understatement of the year award. The United States of America is the worlds largest economy and Canada'...
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Vancouver Condo Info |
active:45 weeks 2 days ago |
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Zone for Affordable Housing
Instead of doing the usual roundup of the year the Tyee has been publishing useful articles. The common theme is making BC a better place. That ...
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Stephen Rees's blog |
active:45 weeks 6 days ago |
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As expected the Fed just cut interest rates to try
As expected the Fed just cut interest rates to try to stem problems in the US housing market:Faced with a widening mortgage crisis, the Federal Reserv...
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Vancouver Condo Info |
active:49 weeks 1 day ago |
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Brand new house - 40 percent off.
Who wants a brand new house for 40% less than its book value? Welcome to the slumping American housing market.Lenar Corp has agreed to shift 11,000 p...
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Vancouver Condo Info |
active:50 weeks 2 days ago |
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