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Monday, January 28, 2013

Canada has about the worst house price bubble in the world

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Why Canada has just about the worst house price bubble in the world Canada has a new worthwhile initiative. After years of booming price...
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Sunday, January 27, 2013

Corrupt Chinese Officials Panic Selling (UPDATED)

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But still buying gangbusters in California The great China corruption fire sale Thousands of Chinese communist officials have been panick...
Monday, January 21, 2013

Hong Kong most unaffordable English-speaking, Vancouver second

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Demographia's 2013 survey is out. Demographia 2013 International Housing Affordability Survey All numbers are median multiple, whic...
Wednesday, January 9, 2013

Royal LePage admits Vancouver prices vulnerable

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BMO economist says prices in Vancouver could fall a further 5% in 2013 Royal LePage would only cop to a 3% decline due to weakness in the l...
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Friday, January 4, 2013

City of Toronto Detached Prices Down $94,000

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According to TREB Market Watch Median house prices in the City of Toronto have fallen $94,000 since their peak in April 2012. The median p...
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Thursday, January 3, 2013

U.S. GDP per capita is significantly higher, why are house prices lower?

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Global MetroMonitor Interactive Graph from the Brookings Institute A chart of "real GDP per capita and employment change for the larg...
Wednesday, January 2, 2013

China banks unprepared for interest rate liberalization

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Bank profits fading as interest rate reform begins About 52 percent of surveyed bankers said that interest rate liberalization should take ...
Wednesday, December 26, 2012

How Emili Created Cracks in the Foundation of the Canadian Housing Market

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Shaky foundations: How Ottawa's computers get Canadian home prices wrong Emili, the automated valuation system developed by CMHC for u...
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Wednesday, December 5, 2012

Wenzhou prices down 18% Year on Year

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Wenzhou's house prices drop 18% in Q3 Largest fall in the country. Businessmen from the city, one of China's wealthiest, are wel...
Wednesday, November 21, 2012

Canada is Destination for some indebted Chinese

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For Some Chinese Fleeing Debt or Prosecution, Canada Beckons Last week the B.C. government announced a suspension of the Fast Track nomina...