Around Vancouver
An Egregious Crime
After publishing the industries most bearish housing forecast, which called for a slump in property prices between 9-18% over the coming twelve months, CMHC...
Inflation Targeting
Love him or hate him, Bank of Canada Governor Stephen Poloz is on the way out. Poloz has been lauded for his near perfection...
Vancouver Housing Activity Picking Up Off the Lows
A quick updated on the Vancouver housing market here. I have been tracking data on a weekly basis for the Bank of Canada. It's...
Overblown
In his final press conference before stepping down next month, Bank of Canada governor Stephen Poloz went out with a bang. Sunny Steve painted...
Predictions
As anticipated, national home sales came to a screeching halt in April. Home sales across Canada plunged both 57% on a year-over-year and a...
Mortgage Deferrals Could Top 20% by September
About 12% of all mortgages are now in deferral per Evan Siddall of CMHC. This includes both insured and uninsured mortgages, and that number...
