Category Archives: News

US Government pushing loan forgiveness for “underwater” borrowers

There’s some relief coming from the Obama administration for home owners who ower more on their properties than their homes are worth.

Canada’s housing market- Who might be in trouble and what can be done?

CCPA Research Associate David Macdonald is the author of the study showing that, for the first time in 30 years, six red-hot real estate markets are in a synchronized housing bubble. The Centre’s Trish Hennessy interviewed the study’s author to learn more about the problem.

Conflicting predictions of the Canadian housing market

The CMHC on Tuesday predicted that housing starts in Canada should rise moderately this year, while two research groups, the CCPA and the CD Howe institute have both examined the possibility of a housing bubble in Canada.

Housing bubbles in Canada and the CCPA

the CCPA reports that the housing markets in six major real estate markets in Canada are in danger of a very large adjustment: as much as a 38% drop in value over the next three years.