Thought I’d take a quick look at the new construction stats for Edmonton today, as CMHC released their latest report last Friday. Lots of good stuff in there, but I’m only going to look at a handful of numbers from Table I… starts, unabsorbed units and under construction units to be exact.Continue Reading
As you may have came across in the news, or on the blogs, Demographia released their 5th Annual International Housing Affordability Survey this week. They compare 265 cities from Canada, USA, U.K., and Oceania, and rank them according to their measure of affordability. Their calculation for that is actually quite simple and straight forward, takeContinue Reading
I was thinking about doing a report on the new construction situation, but figured I might as well wait a week until the December numbers are reported. So instead I’ll just cover a few other items that are floating around. – The Teranet-National Bank House Price Index which I looked at last week hasContinue Reading
I thought I’d take a quick look at another part of the housing market that I haven’t really discussed as of yet, and examine what’s happened to the rental market in Edmonton in the last few years. Much like the rest of real estate in the city, the rental marketContinue Reading
Today we’re going to take another quick look at price indexes, this time comparing what happened in the U.S. with what’s happening in Canada. In an effort to compare apples to apples as best as possible, we’re going to use two indexes with fairly similar methodologies, Case-Shiller from the United States, and Teranet’sContinue Reading