An elite group of US economists are declaring a recession with just one quarter worth of data. National Bureau of Economic Research (NBER), a private organization of top economists is the pseudo authority on the US business cycle. The organization has declared the US economy began a recession in February. This marks the end of […]
Canadian Real Estate Price Growth Looks Absurd When Compared To Bubbly US Cities
Canadian real estate prices have been distorted by a massive overextension of credit. Just how bad has it become? The view is always tricky from inside the bubble, so let’s compare them to our neighbors down south. Comparing prices to the frothiest US cities, we can see how odd Canadian real estate has become. The […]
China Moves To Stop Its Capital Outflow, Real Estate Markets Should Be Worried
The glory days for Canadian real estate could be coming to an end, as China starts the year with surprising moves to control capital outflows.
China’s Overseas Real Estate Buyers Prefer Hillary Clinton
China’s real estate investors and the people selling them property are divided on which US presidential candidate is best for business.