A chart depicting monthly change from 2009 to 2011 in various economic indicators in Canada including, new housing prices, union base wage rate, and union wage rate including pay supplements, is presented.EBSCO_bspCanadian Economic Observer
It is when home prices decouple from disposable income growth where a bubble starts forming. Below is a great chart that compares U.S. home prices and income to Canadian home prices and income. Compared to the U.S. housing market, the Canadian housing market is clearly in a bubble. U.S...
I’m also of the opinion that the idea of a complete housing meltdown have been exaggerated. People forget that the vast majority of Canadian homeowners either have fully paid off their mortgage, or locked into a long-term deal over the last couple of historically-low interest years. ...
the price of shelter has quadrupled - and that's just average shelter costs. These numbers do not not take into account the difference between the shelter costs faced by people entering the housing market now and those faced by people who bought houses back...
The heady 1990s under the Clinton and Chretien administrations oversaw a period of robust economic growth, steadily rising housing prices, and rosy employment rates. This, however, was only half the ... Do Make Say Think:Goodbye Enemy Airship the Landlord is Dead - 2000Do Make Say Think ...
Housing prices have posted an impressive rebound – and now surpass pre-recession levels. The loonie is strong, trading close to parity against the U.S. dollar. Government debt remains manageable despite enormous govern- ment stimulus spending. So it would seem Canada has got things right…right...
In fact, it is virtually unfathomable to picture a modern-day packaging line-however automated or not-not housing at least one gluing or tape-sealing station employed somewhere along the line to keep the finished primary packages or secondary packaging containers performing as intended to provide ...
One theory, first proven by Moore (1983), posited that stock prices rose when an economy was in the expanding stages and declined when the economy entered a recession. Stock prices are a good economic predictor, but they can send misleading signals. With this in mind, investors shifted to ...
The affordability of higher education is vital for the accessibility of higher education. Unfortunately, much of the debate around affordability is conducted in terms simply ofprices, and usually inflation-unadjusted ones at that. But while price is an input to affordability, it is not the whole ...
As well, if the increases in asset prices (both housing and equities) of the last few years, which have been an important factor in underpinning high rates of household expenditure and low rates of household sav- ing out of income, do not persist, there will be pressure on households to ...