Despite some frothy forecasts for Canada’s housing market, local realtors say this region is not a bubble waiting to burst. Yet there is reason for caution.
Read more: http://tinyurl.com/lj9snrt
Tag Archives: bubble
Bitumen bubble is back, says finance minister
Alberta’s finance minister warns the bitumen bubble is “back from its holiday,” although the province is banking on getting an extra $1 billion in oilsands royalties this budget year due to strong commodity prices.
Read more: http://tinyurl.com/pabgpfe
Yep, it’s another housing bubble
Four months ago something troubling happened in the housing market. The home price affordability index tracked by the National Association of Realtors slipped below it’s long-term trend line, marking a possible beginning of a housing bubble.
Read more: http://www.cnbc.com/id/101019905
Top Economists Fear Las Vegas Is Turning Into A Housing Bubble
The U.S. housing recovery has been causing home prices to rise.
Las Vegas stands out as one of the hottest markets in America with home prices up 15 percent year-over-year.
Read more: http://tinyurl.com/ckwc2ct
The Next Real Estate Bubble: Farmland
Farmers have been taking on mounting debt, creating an unsustainable increase in land prices and risking a crash that would ripple through our economy.
Read more: http://tinyurl.com/c6suqzv
Housing Market Already Shows Signs of a New Bubble
When housing began to simmer back in 2002, prices were rising around seven percent a year, then eight percent in 2004 and a stunning 12 percent in 2005.
At the time, words like “bubble,” and “unsustainable,” were uttered with every monthly reading. No one had seen home prices soar like that since the mid 1970’s.
Historically, prices nationally rise about three to four percent a year. The market was clearly too hot, and by 2007 it had reversed dramatically, with prices falling nationally for the first time in history.
Read more: http://www.cnbc.com/id/100435276
US Shale Gas Bubble is Set to Burst
For the past three or four years media sources in the U.S. trumpeted the “game-changing” new stream of natural gas coming from tight shale deposits produced with the technologies of horizontal drilling and hydrofracturing. So much gas surged from wells in Texas,Oklahoma,Louisiana,Arkansas, and Pennsylvania that the U.S. Department of Energy, presidential candidates, and the companies working in these plays all agreed: America can look forward to a hundred years of cheap, abundant gas!
Read more: http://tinyurl.com/8tqeo97
Apartment Bubble Inflating Fast
Housing construction numbers for September were “blowout” and “smashed consensus,” according to analysts who follow the sector. Single family starts rose 11 percent from August and are up nearly 43 percent from a year ago. This from the depths of the housing recession.
Read more: http://www.cnbc.com/id/49448427