Talk continues of the potential for a housing bust in Toronto. Through the end of March, house prices had had increased 33 percent in a year. Bank of Canada Governor Steven Poloz noted that "There’s no fundamental story that we could tell to justify that kind of...
Canada is a nation of wide open spaces, yet it has high urban area densities recently driven higher by a redefinition of urban area criteria (Note 1). Canada’s largest urban area (population centre) is Toronto, with a population of 5.4 million continues to be the...
Jointly Published with the Atlantic Institute for Market Studies The 13th Annual Demographia International Housing Affordability Survey: 2017 is published in collaboration with the Demographia group in Illinois, USA and the Atlantic Institute for Market Studies in...
Wendell Cox, December 23, 2016 In drafting a National Housing Strategy, the federal government, in cooperation with the Canada Mortgage and Housing Corporation (CMHC) and the Conference Board of Canada have produced a report on findings from public consultation. The...
Canada is struggling economically. From inflation and deficits to investment and employment, everything that should be up is down, and everything that should be down is up. One striking symptom of economic rot is household debt, which is rising faster than incomes....
Largely unique among state-owned enterprises, ‘SEOs’, worldwide, Canadian Crown corporations have two key advantages over current and future private sector competitors: non-taxable status and access to low-cost public sector borrowing rates. Other implicit edges...
Housing affordability has been virtually destroyed by government policy in many markets in Australia, Canada, Ireland, New Zealand, the United Kingdom and the United States.
Honolulu is third-most expensive housing market among urban areas in the nation and in five other countries, according to a new survey. Honolulu's median multiple -- which calculates the median home price and median household income to rate affordability -- was 10.3,...
When the Consumers’ Association and publicly owned auto insurance monopolies tell the public that model delivers lower premiums, they are spreading misinformation. Private companies do offer competitive rates.
Decay in city’s middle-class areas casts doubt on affordability index
Regina — identified in a new study as one of the cheapest places in the world to own a home — may be headed for a boom in the near future, should housing prices continue to soar in other Canadian cities, predicts a senior fellow at the Winnipeg-based Frontier Centre...
In Demographia’s third annual survey of housing affordability, the City of Regina, Saskatchewan, scored the best in the world. Canada’s other cities covered a wide range, from “affordable” to “severely unaffordable.”
The 3rd Annual Demographia International Housing Affordability Survey expands coverage to 159 major markets in Australia, Canada, Ireland, New Zealand, the United Kingdom and the United States.
For the second year in a row, Winnipeg was ranked among the most affordable places to live in an international study. Regina is considered the most affordable city in Canada, with Winnipeg and Quebec City tied in second place.
The claim that average real wages for working people are falling is false. Those who conclude that ignore changes in the work week, do not properly account for the effects of inflation and incorrectly calculate the value of non-wage benefits.