Browsing Tag

Housing

F.H.A. Faces $4.6 Billion in Losses

So the Federal Housing Administration is the latest victim of the housing bust. If they weren't a government agency, they might actually be bust.The projected loss is the highest in the home loan program since 2004, and officials said the…

Canada: Boom in progress

Canada has experienced a housing boom, not unlike many other English-speaking countries globally. According to the Globe and Mail, housing prices have doubled there nationally in the last 10 years. So, what are the prospects for Canadian…

UK house prices fall most in 15 years

The Telegraph is reporting that "house prices are now suffering their sharpest annual drop in 15 years, according to the latest survey from Halifax."See story.Related storiesHouse prices: Should the Government intervene?, Telegraph, 05 Jun…

Chart of the day: Case-Shiller 2005

Question: Could one see a bubble in housing back in 2005 when house prices were still rising? Well, to answer that question, I took the S&P/Case-Shiller Composite 10 Index and mapped it the rate of inflation. See, Robert Shiller, one…

Irish property dam about to burst

Along with the residential housing bust in Ireland, a commercial real estate (CRE) bust is definitely on the table. According to the newspaper the Irish Independent up to 10 billion euros of writedowns are possible for the Irish property…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More