Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43

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2023
- 05
- 04
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2022
- 12
- 11
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2021
- 12
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Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43

Steve Saretsky -

August 5, 2022

Bubbles Are Bursting in Two of the Largest Housing Markets – The Loonie Hour #043 Will the Central banks cave on their inflation mandate in the eyes of weakening economic data? The Bank of England just raised interest rates 50bps and says a recession is all but guaranteed for the fourth quarter and that it will last well into next year. The Canadian housing market continues to roll over, with both Vancouver & Toronto Real Estate markets experiencing multi-decade lows in housing sales. Toronto house prices dropped nearly 4% in the month of July. Financial stresses continue to escalate. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanada

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Steve
Saretsky

DATE