Monday , 6 December 2021

5 Articles On the Housing Bubble In U.S. and Worldwide

Many articles are published every day on the housing bubble in the U.S., Canada and around the world so here are 5 such articles you might have missed that are well worth your time to read. 

1. IMF Warns Of Significant Downside In Home Prices Worldwide

Global home prices are rising, but not to the same extent everywhere. Canada and Germany’s home prices made much sharper gains than other G7 countries

Saying Canadian home prices are frothy, is like saying Mozart had a little musical talent. Residential real estate prices in Canada are growing at the fastest rates in the G7 and not just over the past year, but over the past 3 decades, Nothing in the G7 comes even close to this rate of price growth.

 

3. Revealing Insights Into Current American & Canadian House Pricing Trends

High flying home prices may be getting close to pushing their limits as last month home sales also saw a sharp decline in volume, partially attributed to prices.

Bloomberg Economics says the run-up in global real estate prices over the last year has produced a warning signal unlike any other, not seen since right before the 2008 financial crisis.

 

The house price-to-rent ratio shows Canadian real estate is drastically overvalued making the U.S. real estate bubble back in 2006 look like a sleepy backwater market of value investors.

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