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Monthly Archives: October 2018
Canadian home prices likely to follow sales lower
A secular confluence of factors–peak debt, unaffordable prices, rising rates, tighter lending, reduced foreign flows, insufficient saving rates and aging boomers looking to downsize–are all finally working to dramatically reduce Canadian home sales from peak mania in 2017. Prices should … Continue reading
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One third of Canadians surveyed fear bankruptcy
One in three respondents to a new Ipsos survey conducted on behalf of insolvency trustees MNP said they are concerned that higher interest rates could force them toward bankruptcy. That was up about six per cent over a similar survey … Continue reading
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Value is coming, who will be ready?
As markets plunge around the world this week, we should not lose big picture perspective on how relatively little they have mean reverted to date. And also on how much further stocks are likely to fall before they complete their … Continue reading
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