property

This weekend I am at my wife's family reunion so I haven't have a lot of time for blogging. But, I caught an interesting article in Swedish daily Dagens Nyheter, which cites an IMF study which claims that property values in Sweden are…

As the first bubble economy to hit the skids and officially fall into recession, tiny Denmark deserves a mention. Statistics Denmark has released figures showing that house prices are falling in Denmark, which joins an ever-increasing group…

According to Seattle-based Zilliow, nearly one-third of U.S. home buyers who bought in the last five years are now underwater. A full 45% of those who bought at the peak in 2006 have negative equity in their homes. Negative equity makes…

This is one of those things that make you go hmm.... But, hey, this is what people really think.The housing downturn has been under way for a while now, so it's hard to believe that many homeowners could still think their homes are…

About five years ago, Daniel Kahnemann won the Nobel Prize in Economics for his work on Behavioral Economics. This was a breakthrough because the financial markets and the economics profession had been dominated by the "efficient market,"…

At the peak of the global housing bubble in 2006, I came across a post about the Japanese bubble that left a big impression on me.As we collectively attempt to call the bottom of the housing bubble, many are cautiously wading back into…

Nationwide Building Society released its monthly house price index for the UK showing an annual rate of decline of 8.1%, the highest since UK house prices began falling last year. This suggests that UK house prices are accelerating through…

Robert Samuelson has written an excellent piece describing how the U.S. has become obsessed with residential property to its detriment. The result has been over- and malinvestment in homes that will take years, if not decades to…

The Case Shiller Index is out again and a number of areas are looking a bit better including Denver, Atlanta, Boston, Minneapolis, Portland, and Dallas. Overall, it seems the acceleration in house price falls has come to an end.…

Canada is one of the last bubble markets to hit the wall. Buoyed by the commodities boom in the west, Canada looked set to keep on an upward path even while its largest trading partner, the U.S. had already started to see a bust. But,…