Housing bubble may soon burst: group

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　　Housing bubble may soon burst: group

　　Last Updated: Tuesday, August 31, 2010 | 1:11 PM ET [url=#socialcomments]Comments309[/url][url=#]Recommend164[/url]

　　The Canadian Press

　　As Canada's record housing costs continue to slide, an Ottawa-based organization is suggesting parts of the nation are in a housing bubble, which may soon burst.

　　

　　The Canadian Centre for Policy Alternatives is warning Canada may be facing a U.S. style housing bubble. (iStock)Prices in six of the country's largest housing markets have hit 30-year highs and are in bubble territory.

　　A report by the Canadian Centre for Policy Alternatives coming out Tuesday also says a U.S. style correction cannot be ruled out.

　　The Ottawa-based think-tank says home prices are 4.7 to 11.3 times Canadians' annual income — much higher than historical comfort levels.

　　Sales are down 25 per cent since reaching a peak at the start of the year, but in major cities, home prices were up 13.6 per cent in June from a year ago.

　　The centre warns that a rise of one per cent to 1.25 per cent in mortgage rates would be enough to cause a housing crash similar to the one in the U.S.

　　The report says bubbles occur when housing prices increase more rapidly than inflation, household incomes and economic growth.

　　Read more: http://www.cbc.ca/consumer/story/2010/08/31/con-housing-bubble.html?ref=rss#ixzz0yCs4HsyP

人黄猪老 · 1-1.25%的升幅，是很容易发生的吧？在未来一年里头？

1-1.25%的升幅，是很容易发生的吧？在未来一年里头？

闻笛起舞

智库一家之言。反对的声音也不少。这个东西就跟押宝差不多吧。

www.westca.com/News/ar...inese.html

Sunmax

跌吧，跌吧。利息就不会涨了。