US Real Estate

USD/CAD – Canadian Dollar Trading Sideways, US Housing Reports Next

The Canadian dollar is showing little movement in the Friday session, continuing the trend we saw on Thursday. Currently, USD/CAD is trading at 1.2493, up 0.10% on the day. On the release front, Canada releases Manufacturing Production, which is expected to slow to 0.2% in December, after a strong ...

Why the US Government Should Guarantee Your Mortgages

Congress may finally be inching toward an overhaul of the US housing finance system. That’s good. But getting reform right is more important than getting it done. To us, that means ensuring the government retains a clearly defined role in the mortgage market. ...

A Second Week Of Losses Weigh On All The Major Asset Classes

Red ink continued to spill across all the major asset classes last week, based on a set of exchange-traded products. The declines mark the second straight week of across-the-board selling. The biggest setback was in foreign real estate/REITs. Vanguard Global ex-US Real Estate (VNQI) suffered a shar ...

All The Major Asset Classes Took A Hit Last Week

Red ink spilled across all corners of global markets last week, reversing the previous week’s clean sweep of gains, based on a set of exchange-traded products. The perfect storm of losses marks the first round of weekly declines in every market since Dec. 2016. The softest setback was logged in f ...

Not good

This got Dan’s attention. “My wife works at one of the big five banks,” he says. “Front lines. She has, by the clients’ requests, transferred mortgages to HELOCs, so they can pay interest-only. I can’t find any data or charts on this, but it definitely has the potential to become a wor ...

Major Asset Classes | January 2018 | Performance Review

Stocks in emerging markets blasted out of the gate for the start of 2018, once again posting the strongest monthly gain for the major asset classes. Overall, most markets advanced in January, with three exceptions: US real estate trusts (REITs), which suffered the biggest loss last month, along wit ...

All The Major Asset Classes Scored Gains Last Week

It was a clean sweep. Every one of the major asset classes posted an increase last week, based on a set of exchange-traded products. The gains, a sign of heightened optimism, mark the first across-the-board advances on a calendar-week basis since last November. Emerging-markets stocks topped the wi ...

US Home Sales Lower Than Expected in December

U.S. home sales fell more than expected in December as the supply of houses on the market dropped to a record low, pushing up prices and likely sidelining some first-time buyers. The National Association of Realtors said on Wednesday that existing home sales declined 3.6 percent to a seasonally adju ...

Flip city

Vancouver is so pooched. There are just two things locals should expect. Either houses cost $5 million each (at least) in a few years and the market seizes up – since nobody could buy and owners would fear selling – or it crashes and burns. What Comrade John Horgan and his provincial governmen ...

Emerging Markets Stocks Lead While US Bonds Retreat

Equities in emerging markets posted the strongest advance among the major asset classes last week, based on a set of exchange-traded products. US bonds, meanwhile, continued to slide, delivering last week’s biggest setback for broadly defined markets. Vanguard FTSE Emerging Markets (VWO) was firm ...