Stephen Gordon on the housing market
Stephen Gordon – National Post
Here is part of what is hopefully one of the last of a once-robust breed – The Apocalyptic Canadian Housing Market Story, this one from Macleans:
Judging by the latest real estate data, the Canadian housing market could scarcely be better. Average home prices are up more [...]

Those who think Canada is immune from credit problems need to think again. Over 500,000 Canadians are at least 90 days behind on credit payments. Please consider how Debt is tripping up Canadians.
More than half a million Canadians have fallen behind on their various credit payments, fuelling a 19 per cent [...]

National resale housing market activity returned to pre-recession levels in May 2009. The rebound in activity is being led by an increase in transactions in some of the most expensive markets in the country, which is skewing the national average price upward.
According to statistics released by The Canadian Real Estate Association (CREA), actual (not seasonally [...]