by John Rubino Cornflakes and milk may or may not be getting more expensive, but some higher-profile things are rocking like it’s 1979. Houses, for example: Home prices just took the biggest jump in four years (CNBC) – Homebuyers, hold …
The magnificent house price bubble wheezes. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: With 2017 mortgage pre-approvals having now expired, the first wave of buyers facing OSFI’s ground breaking mortgage regulations are being put to the test. The regulations, also …
by GoldCore – London house prices fell by 3.2% in the first quarter – Halifax – Brexit, financial and geo-political uncertainty lead to falls – Excluding sale of seven £10m-plus houses in London, prices were down 3.4% in the year …
https://www.youtube.com/watch?v=fbAveWu3PYc Surprise snow in New Zealand + winter storm landing in Australia this weekend, even as snow lingers across N. America, with yet another winter storm inbound. Q1 economic data confirms food prices are rising globally. Spread the word. Start …
by stockboardasset The Trump Tower at 721 Fifth Avenue, New York City, is a glass skyscraper located between 56th and 57th Streets. Developed by Donald Trump in 1983, the Midtown East Side skyscraper is home to 238 residential condominiums. As of recent, property …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Leverage is why the Fed has been worried about the bubble in CRE. Commercial real estate loans at banks in the US reached a record of $4.3 trillion. This amount is now 11% higher than it …
Housing prices staged a significant rebound since the depths of the subprime mortgage “meltdown.” Want to know when even luxury housing will become a “bargain”? Keep an eye on this financial market.
Home prices had risen dramatically in Toronto, Vancouver, San Francisco, Hong Kong, London, and many other cities. All of this has been fueled by low interest rates. We see debt rising. We see credit card debt at the highest on …
by Shaun Richards If you are a believer that the extraordinarily stimulatory monetary policies of the credit crunch era have boosted house prices via their impact on asset prices then the United States currently provides food for thought. This is …
BY SRSROCCO As the BLOOD continues to run on Wall Street, gold and silver were the few assets trading in the green today. As I have mentioned in past articles and interviews, investors need to get used to this sort of …
by Adam Taggart To all those investors expecting the Fed to step in to backstop the recent weakness seen in the stock market, Wolf Richter warns: The cavalry isn’t coming. After years of force-feeding too much liquidity into world markets, the …
by Charles Hugh-Smith The vise will tighten until something breaks. It could be the currency, it could be the political status quo, it could be the credit/debt system–or all three. The problem with an economy dominated by state-enforced cartels and …
Mar 28 – FS Insider interviews Jeffrey Christian, Managing Partner at CPM Group, to discuss their outlook on the gold and silver market. Jeff explains how tariffs, trade wars, increasing debt levels, and a future financial crisis play… https://www.financialsense.com/subscribe
By Harry Dent £593,369 – the average price of a house in London in January! (That’s about $829,000.) $1 million plus – what 400 square foot condos go for in Vancouver! $1.5 million – the cost of a median house …
by GoldCore – London house prices falling at fastest pace since 2009 – Values fell by 2.6% in year through January – London house prices likely to be weakest in UK over next five years – Inflated prices make London …
As drug giant Pfizer Inc. hiked the price of dozens of drugs in 2017, it also jacked up the compensation of CEO Ian Read by 61 percent, putting his total compensation at $27.9 million, according to financial filings reported by Bloomberg. …
Acadata report shows values fell 2.6% in year through January Sustained weakness in the capital drags down national growth London house prices are falling at the fastest pace since the depths of the recession almost a decade ago, with the …
by Brandon Smith This article was written by Brandon Smith and originally published at Birch Gold Group It is generally well known in economic circles and in the general public that precious metals, including gold, tend to be the go-to investment during …
by Shaun Richards This morning has brought news on the state of play concerning UK house prices although I think the Guardian has tripped over its own feet a little in an attempt to slay several dragons at once. House …
by TheLegionsOfHell Hurricane Harvey lingering effects OPEC + Non-OPEC cutbacks kick in Bigger SUVs and Trucks now on the road In Vancouver Canada they’re paying like $6/gal. The movie that won best picture should be called The Shape Of Gasoline. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Homeowners who bought a year ago are down C$110,000 on average. Home sales in the Greater Toronto Area, Canada’s largest housing market, plunged 35% in February compared to a year ago, to 5,175 homes. The plunge …
by Shaun Richards This morning has brought news from the UK government on an area which is regularly reported as being in crisis ( housing supply) which brings us to a related area which has been in recession since the …
by stockboardasset The Federal Reserve has something else to fret about besides Powell testifying last week that America is on a shaky fiscal path: the potential for runaway food prices… Weekly <DBA> PowerShares DB Agri Fund testing 50sma…
Underlying all of these ups and downs are trillions in derivative products. Forget about fundamentals. The derivatives will destroy the market. In your opinion, will interest rate hikes collapse the housing market? Today, real estate is about brick and mortar …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Surging home prices have primed the housing market for this. The average interest rate for 30-year fixed-rate mortgages with a 20% down-payment and with conforming loan balances ($453,100 or less) that qualify for backing by Fannie …
by DCG Liberal utopia: Pay for it until you can afford it no longer then costs you a fortune to leave it. According to Newsweek: “The number of people packing up and moving out of the Bay Area just hit its highest …
Consumer prices rose much more than expected, while retail sales fell when they were expected to rise. Consumers are buying less, but paying more. It's stagflation all the way. This is the worst possible macro economic environment for U.S. financial …
by: Clint Siegner, Money Metals The Commodity Futures Trading Commission levied fines against three European Banks on Friday for “spoofing” the futures markets, including COMEX gold. Six traders were arrested yesterday. “Spoofing” involves placing buy or sell orders in order …
When we look at the statistics provided by government we see that they are either falsified or information is intentionally left out. The BLS provides the standard inflation statistics which are great for a humorous read on a monthly …
by Dave Kranzler via Investment Research Dynamics Housing Market Supply And Demand: Just The Facts “Housing – people are insane if they think housing isn’t going to get crushed with rising rates. As you outline often, it’s already happening in ( NY, Den, …