Author Archives: Danielle Park

What interest rates say about home prices

Posted on November 1, 2023 by Danielle Park

The average home price in Canada ($757k) is about 141% higher than what is considered affordable for the average household income. In the highest-population areas, like the Greater Vancouver and Toronto Areas, where incomes and home prices are higher than … Continue reading →

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China’s real estate bust has global implications

Posted on October 31, 2023 by Danielle Park

The International Monetary Fund warned this month that the downdraft in China’s real estate sector has contagion implications globally: In the near term, the sharp adjustment in China’s heavily indebted property sector and the resulting slowdown in economic activity will … Continue reading →

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Stock market likelihood is lower for longer

Posted on October 30, 2023 by Danielle Park

The average time from a yield curve inversion (long-interest rates below short) to the onset of recession has been ten months historically, ranging from 11 to 22 months. October marks the eighteenth month of curve inversion this cycle. Moreover, since … Continue reading →

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