Welcome to Brian Ripley's Canadian Housing Price Charts Blog for Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montreal comparing Canadian Real Estate House Prices and Market Values against a Backdrop of Gold Bullion, Oil, CPI, Interest Rates, the Canadian Yield Curve and the S&P TSX Housing, Financial Services, Energy and Gold indices. Also available are the current Canadian census population data, Stats Can employment data, mortgage affordability tables and a quick and easy spreadsheet for discovering real estate value. I update the commentary, the monthly price change summary, the housing and financial charts, the percentage price change scorecard and the Plunge-O-Meter, usually by the 2nd week of the month which is when the Canadian real estate boards generally have their data published from the previous month. If you want to advertise on this site, contact Brian Ripley

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This chart shows Vancouver, Calgary and Toronto detached housing priced in ounces of gold valued in CA$. Gold bullion loses demand when commodities and financial assets boom but rises in value as those assets sell off. Gold mining share prices rise as the "real price" of gold rises (eg: the Gold/Commodities ratio http://stockcharts.com/h-sc/ui?s=%24gold%3A%24CRB) because the commodity cost (fuel, materials, equipment) is falling against the nominal price. Bullion attracts investment when credit markets contract because of its classic use as a hedge against currency depreciation and its ability to act as money. The millionaire metric allows you to see what your dollar is worth and the (declining) amount of gold you need to be a millionaire. In February 2010 gold ticked up off its near term consolidation and so the Millionaire metric continued its journey down which is good if you are long gold.

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