Housing

The national average rent went up by 3.2% in the past year but dipped by 0.1% month-over-month, reaching $1,471 in September according to the Rent Cafe Apartment Market Report - a dip of just $1 to $1,471 - for the first time in two years.

Toronto real estate is climbing up the charts, and is back to the second highest risk for a bubble. This is up from the number three spot it held in 2018, but down from topping the list in 2017.

...Experts have been closely watching several indicators that point to rising bubble risks in some housing markets. Further, they are also warning that countries like Canada and New Zealand may be overdue for a correction in housing prices.

This compilation of 7 graphics takes a look at the costs associated with U.S. home ownership and renting.

Experts have been closely watching several indicators that point to rising bubble risks in some housing markets. Earlier this week Bloomberg published results from a new study that tracks four key metrics and this infographic reveals how they apply to the 22 countries covered.

Toronto is still the King of North American real estate development according to the Rider Levett Bucknall (RLB) Crane Index that shows Toronto had 120 active construction cranes in July...[which is] more than twice the number of active construction cranes than the next city on the list. Where does your city rank? Here's the list.

The rate at which Canadian real estate prices have grown dwarfs even the frothiest of U.S. cities. This articles compares the home price growth in Canada's 3 largest cities (Toronto, Vancouver & Montreal) with San Francisco, Los Angeles, New York City & Seattle. The findings are amazing, to say the least.

In the past few decades, the concept of home ownership has been completely turned on its head. Previously, homes were considered a very long-term consumption good...[No one] ever considered tripling the value of their homes by retirement time and selling them to move beachside yet, somehow along the way, this became a reasonable investment expectation. Even today, home buyers still make their purchases with the hopes of escalating prices. [It begs answers to these questions: Is a house just a home? Should a house be expected to behave like an investment? Is the housing game nothing more than a Ponzi scheme where the end buyer before the market corrects becomes the "greater fool"? Let's try and answer those questions.] Words: 935

prices continue to rise in most regions of the world, spurred on by historically low interest rates and generally benign credit conditions

Below is a look at the newest S&P/Case Shiller home price data which shows that, on a month-over-month basis, 16 of 20 cities saw home prices gain, with Charlotte, Cleveland, Minneapolis, and Boston seeing declines.