Beautiful Suburban HomeM. Eric Honeycutt
The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Will The Hammer Drop On House Prices?
The Economist's latest global house-price analysis concludes that the Canadian housing market is 25 per cent over valued. Worse, our housing market looks more over valued than the U.S. market before it plunged.
Now for a different take on Canadian real estate. In this survey of safe international property havens by the UK newspaper The Telegraph, Canada took top spot.
Royal Bank of Canada's latest national housing affordability report, in infographic form.
REIT On, Income Investors
The Boomer & Echo blog takes a look at real estate investment trusts (REITs) as an option for investors seeking higher yields than they can get from bonds and GICs.
Follow us on Twitter: @globemoney
Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.
Rob Carrick