Economy Trends and analysis
Is Toronto in a bubble? Interesting discussion with a mortgage broker
DECEMBER 20, 2011
I had an interesting discussion with well-known Toronto mortgage broker David Larock. It started with the following picture showing the real house price index I had created for Toronto
Continue reading
Are vacancy rates a leading indicator of house prices?
DECEMBER 16, 2011
Despite the fact that housing starts have substantially outpaced demographic demand, vacancy rates are low in most major Canadian markets. How can this be, and is this indicative of a healthy, stable market?
Continue reading
Credit bites back
NOVEMBER 30, 2011
Readers may be interested in a fascinating paper by the Federal Reserve Bank of San Francisco titled, "When Credit Bites Back: Leverage, Business Cycles, and Crises." It's a must-read.
Continue reading
Flow of bad news...
NOVEMBER 23, 2011
The flow of bad news out of Europe and Asia this morning is quite troubling. These are the headlines making me nervous this morning....in no particular order
Continue readingMore News
-
NOVEMBER 21, 2011
Europe heading back into recession; OECD leading indicators decline again; Interest rate cut still priced in -
NOVEMBER 07, 2011
Canadian employment withers; Vancouver and area inventory builds as prices feel the heat; China's property bubble deflating? -
NOVEMBER 03, 2011
Employment quality deteriorating; Business confidence drops again; Credit demand decelerates -
OCTOBER 21, 2011
Canadian inflation heats up; Why housing won't carry us through a recession; Positive mortgage in arrears data -
OCTOBER 20, 2011
Ed Clark on the Canadian economy; Retail sales preview...blue Christmas? -
OCTOBER 14, 2011
The week that was; Economics is all about "demand and demand"; Sherry Cooper sees positive demographic trends? -
OCTOBER 11, 2011
TD on debt in Canada; OECD leading indicators signal Canadian slowdown -
OCTOBER 07, 2011
Canadian "job boom" in September?; Leading profit indicators decline; TO new condo prices to stay high? -
OCTOBER 06, 2011
CGA on interest rates in Canada and the 'lavish spending' of the Canadian consumer -
OCTOBER 05, 2011
IMF warns on Canadian debt while our 'conservative' banks ramp up their antics -
OCTOBER 04, 2011
Eurozone debt woes intensify....banks in the crosshairs; World markets roiled; Canadian CEOs bearish on economy -
SEPTEMBER 30, 2011
July GDP in line with expectations; China starting to buckle?; ECRI says US is back in recession
