| Canada’s housing market is stupid |
 |
 |
|
Nov 1, 2011 Adam Button forexlive.com I’m not a home owner but the Canadian housing market is out of control. I just read a story about a 3700 sq ft house in vancouver that was listed for $1.9m in April, sold for $2.6m after a 25-person bidding war and is now back on the market at $3.5m. In 1996, the same house sold for $531,000. Knowing the history in the US, I should just lever up buy way more than I can afford and wait for the government bailout. |
| Related Information | |
Latest Articles
- More adjustment to come in home prices: Carney
- Great Canadian real estate crash of 2013
- The Biggest Housing Bubble in the World Is in ... Canada?
- Canadian families’ debt worse than expected; housing bubble burst feared
- Everything you need to know about Canada’s housing ‘bubble’
- As housing market slows, industry scrambles to paint positive picture
- A nightmare on Main St: The CMHC and the Canadian housing bubble
- Canada plans no new steps to cool housing market: finance minister
- Canadian Real Estate Bubble: S&P Cuts Outlook On 7 Banks On High Home Prices, Consumer Debt
- Canadian housing looks to be in soft landing, but actually heading for 25% crash: Capital Economics
You can help
You may help and contribute by posting your thoughts and adding comments to all articles. The Forum actively encourages your voice at any time. All opinions are appreciated.
Latest Charts
- Greater Vancouver Monthly Real Estate Statistics 2006 - 2011
- Canada's Inflation Rate History 1915 - 2010
- UK, Australia, US, and Canada 50-year Home Price Chart
- Greater Vancouver Main Area Real Estate Weekly Statistics
- The Economist house-price indicators
- June 2010 Calgary Real Estate Stats
- CIBC household credit analysis
- Canada's hot resale housing market starting to cool
- Canadian Major City Housing Price Chart
- Canada's Housing Bubble hits $71,000; USA has over-corrected by $15,000
- Canadian Housing Affordability Index
- BoC Weekly Effective Interest Rates 2007 - 2010
- Percentage of Arrears to Total Number of Mortgages in Canada 1990-2010
- If credit costs increase
- Bank of Canada interest rates, from 1935 to 2010
Popular
- Roubini: Slowdown Brings Forward New Crisis
- Canada's Household Debt Soars To New High As Economy Leaves Little Room To Maneuver
- China housing bubble in Canada could create the next financial crash
- Housing a new generation
- PDF Resource Links
- Canadian Major City Housing Price Chart
- Canada's Inflation Rate History 1915 - 2010
- Bank of Canada interest rates, from 1935 to 2010
- Greater Vancouver Monthly Real Estate Statistics 2006 - 2011
- Real estate bubble
You are here :
Home 
Bubble Watch Canada’s housing market is stupid
Bubble Watch Canada’s housing market is stupid