Real Estate Markets

Trust

  It’s a weird Canadian thing. Everybody – buyers, politicians, moms – complains bitterly about houses people can’t afford. But we call markets where sales are brisk and prices rising, ‘healthy’ and ‘robust.’ We say places where real estate is getting cheaper are ‘in distress, ...

Wrexit

Most of us outside AB don’t care about Wexit. But we will. Western alienation has the potential to create political chaos in Canada, send the feds into a tailspin, blow up the Conservative party and send a shudder through the national economy. But Alberta isn’t going anywhere. Just like Quebec ...

Tech Talk for Wednesday November 27th 2019

Pre-opening Comments for Wednesday November 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. Equity index futures moved slightly higher following release of economic news at 8:30 AM EST. Consensus for October Durable Goods Orders was a ...

Amid a host of central bank developments, one constant remains: global market pressure

Last week brought a number of key developments from central banks around the world, from the release of the Federal Reserve’s (Fed) latest meeting minutes, to a reaffirmation of the Bank of Canada’s (BOC) monetary policy, to the first speech from European Central Bank (ECB) President Christine ...

Tech Talk for Monday November 25th 2019

Pre-opening Comments for Monday November 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Index futures responded to news on U.S./China trade negotiations confirming that China plans to increase penalties on Chinese companies that steel ...

Tech Talk for Friday November 22nd 2019

Pre-opening Comments for Friday November 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. The Canadian Dollar added 0.14 to U.S.75.43 cents following release of Canadian September Retail Sales at 8:30 AM EST. Consensus was an increase o ...

Tech Talk for Monday November 18th 2019

  The Bottom Line World equity markets continued moving higher last week in line with their historic period of seasonal strength. Recent concerns have been discounted including an earnings recession by major U.S. companies until the first quarter next year, growing efforts by the Democrats to impe ...

The moaning

During that godawful election campaign the cowboy premier argued the mortgage stress test is unfair to Calgary and Edmonton. “One of the reasons why homes are less affordable in Alberta today is because of unfair rules imposed by Ottawa to deal with the overheated real estate markets in Toronto ...

Canadian home sales hold steady in October

Ottawa, ON, November 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019. Highlights: National home sales held steady on a month-over-month (m-o-m) basis in October. Actual (not seasonally adju ...

Chow down

What a weird blog. Alberta Liberation Army news. The Greta Report. The Breeders’ Daily (canine division). Fear & Greed on Bay & Wall. The Tax Avoider. T2 and You. Canadian Investment and Conjugal Advice. And, of course, The House Horniness Hotline. Today some morsels for all blog dogs to chew on ...