Canada’s Real Estate Correction Is Just Getting Started, W/ Oxford Econ’s Tony Stillo
Tony Stillo of Oxford Economics helps us understand Canada’s real estate market correction and the upcoming recession.
The Bank of Canada Has No Justification To Continue Extreme Stimulus: BMO
It’s time to take off the training wheels for Canada’s economy, which is now looking overstimulated. That’s the take from BMO‘s Douglas Porter, who sees stimulus coming to an end as early as this week. The Bank of Canada (BoC) is increasingly looking out of touch with reality. BMO, amongst others, now sees no justification […]
Bidding Wars For Canadian Real Estate Are A Drain On The Economy, Here’s Why
At the risk of sounding melodramatic, I honestly believe that bidding wars are among the greatest economic inefficiencies ever produced by the real estate market. In 2017, we saw a pretty wild market, with real-time price discovery being the greatest challenge of buyers, sellers, and realtors alike. As a result, we saw the arbitrary underpricing […]