Really? Price acceleration and real estate overvaluation is moderate?
According to the data collected from real estate boards and CMHC to create the charts in this site, here are the price increases over the last 10 years of Single Family Detached houses to June 2017: The "peaks" in "moderation" over 10 years of Single Family Detached house prices were:
CMHC and the Bank of Canada as federal government agents along with provincial, municipal and the banking and finance industry agents have wrecked the Canadian housing market by permitting the wholesale flipping of properties and the entrance of off-shore speculators into the Canadian housing supply stock.
CLICK CHART TO ENLARGE
Paul Krugman - Patrimonial Capitalism
|
History, Charts & Curated Readings"Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement; and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it." George Santayana Vol. I, Reason in Common Sense Archives
March 2020
Categories
All
"History, real solemn history, I cannot be interested in.... I read it a little as a duty; but it tells me nothing that does not either vex or weary me. The quarrels of popes and kings, with wars and pestilences in every page; the men all so good for nothing, and hardly any women at all - it is very tiresome." Jane Austen spoken by Catherine Morland in 'Northanger Abbey'
|
RSS Feed
BRIAN RIPLEY'S CANADIAN HOUSING PRICE CHARTS & Blog for
#Vancouver #Calgary #Edmonton #Toronto #Ottawa #Montreal
Real Estate Prices, Sales & Inventory with Plunge-O-Nomic Post Peak Price Action featuring the PLUNGE-O-METER
If you want to be notified when I update this site, go to: twitter.com/Brian_Ripley and click "Follow".
GET A FREE TRIAL DISCOUNT TO CHRIS KIMBLE'S FINANCIAL MARKETS CHARTING SOLUTIONS
#Vancouver #Calgary #Edmonton #Toronto #Ottawa #Montreal
Real Estate Prices, Sales & Inventory with Plunge-O-Nomic Post Peak Price Action featuring the PLUNGE-O-METER
If you want to be notified when I update this site, go to: twitter.com/Brian_Ripley and click "Follow".
GET A FREE TRIAL DISCOUNT TO CHRIS KIMBLE'S FINANCIAL MARKETS CHARTING SOLUTIONS
ADVERTISE YOUR REAL ESTATE FOR SALE TO THIS INFORMED AUDIENCE
Thousands of Unique Visitors and Page Views Every Month TRAFFIC CHART
Thousands of Unique Visitors and Page Views Every Month TRAFFIC CHART
|
|
|
 |
This website & blog was built with Weebly; a very easy to use drag and drop cloud based app. TRY IT FOR FREE
|
CHPC.biz (this site) is a SAFE BROWSING SITE according to Google's Safe Browsing Diagnostic