Home sales are hot. Prices are climbing. Supplies are increasingly tight. All these positive signs for the housing market are nice, but many wonder the same thing: Is this a new bubble, or what? It’s easy to see how today’s housing market could trigger flashbacks to the frothy mid 2000s boom. Bidding wars are rampant, […]
Thanks Mark Carney For Our Debt Mountain ?
Opinion Canadians are now much deeper in debt than Americans In the immediate aftermath of the financial crisis, Canadians were feeling pretty good about themselves. And that was their right. Canada’s banks weathered the crisis well and bolstered their reputation as some of the world’s soundest financial firms. As US debt government debt levels surged, […]
Housing Bubble Hysteria: Facts Versus Ficton
“Davidson” submits: The National Assoc of Home Builders reported the May 2013 HMI(Housing Market Index) at 44. This indicator is a sentiment indicator of home builders and while it is a confidence indicator and not a hard number count of home building activity, the fact that it is a survey of a very narrow sector […]