The Housing Bubble Blog

A report from Global News in Canada. "Many on the ground are feeling it, the real estate market in Montreal is in an upswing. 'I’ve been very busy, I’m about to learn Chinese because I’m getting a lot of people outside of the country calling me,' said Alexander Sabouri, a realtor with the Londono...

A weekend topic starting with Global News in Canada. "It sounds like an unorthodox concept: Meeting complete strangers to see if you’re compatible to buy a house together. But as bizarre as it might sound, that’s exactly what happened on the third floor of the Toronto bar the Pilot in Yorkville on...

It's Friday desk clearing time for this blogger. "Experts suggest that the inventory in Denver's red-hot housing market is at an all-time low. But there's no shortage of real estate agents looking to sell the homes that have been listed. Right now, there are more agents than there are properties on...

A report from Vegas Seven in Nevada. "Nearly a decade after the Great recession, Las Vegas has rebuilt its real estate market. John Restrepo—principal of local firm RCG Economics—shares his expertise in regional economics and real estate trends. Q: Are apartment rental costs rising as well? A: The...

A pair of reports from Reuters on Canada. "The troubles at Home Capital Group Inc are about liquidity rather than mortgage quality - it is not a U.S.-style subprime mortgage crisis - but the shift in sentiment just a week after Ontario unveiled more measures to cool housing has investors in the...

A report from KPBS News in California. "The number of building permits issued in San Diego County in the first quarter of this year could suggest a slowdown in construction of new homes. The head of San Diego’s Building Industry Association, Borre WInckel said 1,409 building permits were issued in...

A report from Metro News in Canada. "It is like a tap has been switched off. That’s how realtor Louise Sabino describes the housing market in the wake of the Liberal government’s provincial plan aimed at cooling Toronto’s scorching property prices. 'I think it’s shocking that it did make the impact...

A report from the Seattle Times in Washington. "NEXUS, a new-construction, 382-unit condominium high-rise under construction at 1200 Howell St., underscored the pent-up demand for home ownership when it opened for public sales last month and subsequently sold more than 75 percent of its homes....

A report from the California Report. "'Buy a Home, 1% Down, Free Recorded Message,' reads a sign at the edge of a vacant lot in the scrappy working-class town of Bloomington near Riverside. It’s a tempting pitch. But it sounds a little suspicious to those who remember subprime lenders and the...

A report from Costar.com. "Having borne the brunt of declines in U.S. apartment rents since the third quarter of last year, urban luxury apartment communities are in some cases now cutting base rents and offering multiple months of free rent and other incentives to attract a depleted pool of...

It's Friday desk clearing time for this blogger. "An investor group led by real estate broker Vivian Dimond will take over the partially built H3 Hollywood development, with plans to finish construction, settle subcontractors’ liens and partially repay buyers. Hollywood Station Investments halted...

A report from ABC News in Australia. "It's two weeks from the federal budget, and the Government is under pressure to come up with a strategy to put the brakes on rising house prices. The Coalition has long argued that if more housing supply comes on to the market, record prices rises could be...

Two reports from Bloomberg on Canada. "Canadians fretted for years that home prices in the country’s largest city are rising at an unsustainable rate. Now they’re doing something about it. Ontario, the country’s most populous province, announced on Thursday a set of measures aimed at cooling the...

A report from the Los Angeles Times in California. "Bidding wars are common and prices are rising during the popular spring buying season. A report out Tuesday from CoreLogic shows the Southern California median home price jumped 7.1% in March from a year earlier, hitting $480,000 in the six-county...

A report from Multi-Housing News. "W. Allen Morris, president and CEO of The Allen Morris Co., recently spoke with MHN about how he sees the multifamily landscape shaping up for 2017. MHN: With about a quarter of the year behind us, what have you seen so far in 2017 when it comes to multifamily...

A report from Westworld on Colorado. "Thanks to Denver's red-hot real estate market, more and more people trying to buy a home in the metro area are finding themselves in bidding wars, resulting in offers that frequently blow past the property's listed price. The incredible demand, as well as the...

A weekend topic starting with Mother Jones. "Are we in a second housing bubble, as I suggested in a chart I posted a couple of days ago? Brad DeLong has an optimistic take: 'There were three good reasons in the mid-2000s to believe that housing prices should jump substantially....How much were...

A report from Money Watch. "If you want to rent an apartment in one of those high-rise buildings going up in major cities nationwide but can’t find one in your price range, this could be your lucky day -- or even your lucky year. Rents may slowly be spiraling downward by as much as 20 percent. Jay...

It's Friday desk clearing time for this blogger. "The slumbering housing market in Greenwich, the Connecticut town favored by Wall Street’s financial elite, jolted awake in the first quarter as buyers emboldened by the rising stock market committed to purchases -- as long as they didn’t have to pay...

A report from the Citizen Times in North Carolina. "In the red hot local real estate business, it's a little taboo to use 'the B-word.'That's mainly because everyone has painfully fresh memories of the last housing bubble, which burst with a near-nuclear detonation in 2008, leading to a worldwide...