Mortgage Logic

Bubble

Oliver to Realtors: “Ottawa Will Stay out of Market; No Bubble Seen.”

By / October 27, 2016

by Katia Dmitrieva and Josh Wingrove, Bloomberg News Canadian Finance Minister Joe Oliver said he’s confident the country’s housing market isn’t in a bubble, setting aside any further action to curb activity. The government, which has made four changes to housing finance rules since 2008 to cool booming sales and rising prices, is satisfied with …

Oliver to Realtors: “Ottawa Will Stay out of Market; No Bubble Seen.” Read More »

Speculative Buying Drove Crash: Report

By / September 20, 2016

by Cristina Silva LAS VEGAS — A new report shows real estate investors played a larger role than originally thought in driving the housing bubble in the United States that led to record foreclosures and left the economy reeling in Nevada, California, Arizona, Florida and other states. Researchers with the Federal Reserve Bank of New …

Speculative Buying Drove Crash: Report Read More »