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Overbuilt condo market puts Canadian economy at risk: BoC 21 Jul 2013 | 10:40 am
June 13, 2013 Julian Beltrame Canadian Press OTTAWA — An overbuilt and overpriced condominium market is posing a risk to Canadian households, banks and the economy in general, the Bank of Canada warn...
More adjustment to come in home prices: Carney 8 May 2013 | 10:40 am
Feb. 17 2013 BARRIE McKENNA theglobeandmail.com The correction underway in Canadian house prices is likely to persist for another two years, warns Bank of Canada Governor Mark Carney. “We’ve seen th...
Great Canadian real estate crash of 2013 18 Feb 2013 | 08:44 pm
Jan 9, 2013 Chris Sorensen macleans.ca Keith Roy began warning his clients about a faltering Vancouver housing market in early 2012. The realtor says he was tipped off not by industry statistics, but...
The Biggest Housing Bubble in the World Is in ... Canada? 14 Feb 2013 | 09:48 pm
Jan 25 2013 theatlantic.com How real is Canada's housing bubble anyway? More real than any other country's. Canada has a new worthwhile initiative. After years of booming prices, that bastion of pol...
Canadian families’ debt worse than expected; housing bubble burst feared 3 Nov 2012 | 09:34 am
Oct 02, 2012 Julian Beltrame, CP vancouversun.com Debt picture ‘eerily similar to the U.S. experience, just before their dramatic housing bust’ OTTAWA — Canadian households are even more in debt tha...
Everything you need to know about Canada’s housing ‘bubble’ 24 Oct 2012 | 11:40 pm
Canada avoided many of the mistakes that the U.S. made in its housing market. Banking regulations and lending standards have been much tighter, and that has prevented prices from getting completely o...
As housing market slows, industry scrambles to paint positive picture 14 Oct 2012 | 12:21 pm
Oct 3, 2012 Garry Marr financialpost.com Organized real estate is unable, it seems, to admit the glory days may be behind it. Sales plummet in major markets and the industry comes up with a new expl...
A nightmare on Main St: The CMHC and the Canadian housing bubble 10 Aug 2012 | 11:19 pm
August 10, 2012 Michael Laxer rabble.ca The numbers are becoming increasingly clear; the bloom is off of the Canadian real estate bubble and boom. Among a variety of indicators, sales of condos in t...
Canada plans no new steps to cool housing market: finance minister 3 Aug 2012 | 09:08 am
Aug 02, 2012 Edwin Chan ca.reuters.com SUNNYVALE, California (Reuters) - Canada does not expect to have to tighten mortgage rules further as the real estate market has softened in the wake of governm...
Canadian Real Estate Bubble: S&P Cuts Outlook On 7 Banks On High Home Prices, Consumer Debt 31 Jul 2012 | 06:29 am
July 30, 2012 The Canadian Press huffingtonpost.ca TORONTO - Standard & Poor's Ratings Services has revised its outlook from stable to negative on seven Canadian banks over concerns about unsustaina...
