Spent most of yesterday sorting through my database full of info… updating, upgrading and quite a bit of deleting. Long over due as it was a colossal mess, and I needed a refresher over what I had. It was good and got a ton of ideas about things I couldContinue Reading

Hope everyone enjoy their Thanksgiving long weekends, and filled up with turkey and complex carbohydrates. In the comments section of last weeks post on consumer debt someone referenced these stats on bankruptcies/insolvencies in Canada. I managed to find their historical bankruptcy numbers, but not the proposal and total insolvency stats (insolvencies = bankruptcies +Continue Reading

Had been preparing an update on the affordability numbers, but then noticed the latest arrears figures were out, so we’ll knock that one out first and leave affordability for later this week. As the title implies, there has been no slowing this spring, and as of May we were upContinue Reading

The sad state of the news media really hit home this week… literally it seems for me. I’ve been pointing out how the real estate groups have been plastering their ads all over the place, and also seem to get some to get more then their fair share of favourableContinue Reading

The Canadian Bankers Association released their latest mortgage arrears stats today, these are for March. As we can see, they’re continuing their meteoric rise, and have now passed the 0.50% threshold. 2,416 Albertans now find themselves three or more months behind on their mortgages (typically at the point foreclosure proceedings begin, thoughContinue Reading

It’s been a tough week for the province… first we find out that the provincial government thinks our beaches and children are too damn ugly to use in advertising, so they have to co-opt some from England. Okay, and yeah, that foam finger is actually one for the Oakland A’s,Continue Reading

Don’t really feel like running numbers today, and there were a lot of housing relevant stories coming out this week, so we’ll look at those. Mike Fotiou wrote up an interesting piece on the CREA forecast for 2009, and their past fortunetelling exploits. Their predictions for Alberta are not going to make sellers anyContinue Reading