So, another week goes by, another apparent bull market rally turns out to be little more then a trap… but at least the Eskimos won last night! Anywho, so I guess the big news this week for Edmonton real estate was that the decline in the new housing price index… downContinue Reading
April is fast drawing to a close. We probably won’t get the final numbers until Monday, but indications are that it was a fairly typical April. Prices look to be up a point or two over March, and sales figures are looking like they’ll be in the normal range for the month,Continue Reading
Had actually written another entry for today, but came across this article from Macleans, and decided to do a write up on it instead. I highly recommend everyone take the time to read it in full, as it is a very interesting piece and gives some great insights on the inner workingsContinue 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
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
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