We are living in rare economic times with unemployment at all time lows, the current adjusted rate is now at 6.0% in Canada, which is phenomenal. Alberta had 14,000 more jobs ? Holy cow, that… Read More »Unemployment all time low and House Prices Slow(er)
Is Canada still in a housing bubble? This article, originally written in 2007, examines the housing bubble worries of the mid-2000s and reflects on how those fears foreshadowed the 2008 global housing crash. With updated 2025 commentary, we ask: did the Canadian housing bubble ever really pop? Using historical data and modern insights, we unpack long-term housing market trends, the role of interest rates, and how affordability continues to haunt the real estate market in Canada. Perfect for anyone seeking perspective on real estate cycles and bubbles in Canada.
Missed this one last week but the price of a new house is up 0.8% month over month (March to April), that is a lot! In Ottawa-Gatineau, year over year the housing prices are only… Read More »New Housing Prices Up
Whoo Hoo?!? Well in a year over year rate it’s lower than the 10% rate in February, but holy cow new housing prices continue to go up, that is for sure. Is this a housing… Read More »New House Price only up 9% in March
Well if you keep doing that you might be priced right out of the market, or you might be lucky and the bubble might finally burst in your area, and you might be able to… Read More »Procrastinate on buying a house?
