The Real Estate Debate: Boom Or Bubble? (Financial Planning Ottawa)

Real estate values have been on a tear for the past five years in many parts of Canada, as low interest rates have encouraged investors to enter the housing market

Advisor.ca, by Steven Lamb
March 2006

With easy access to cheap money and innovations such as “zero-down” mortgages, many Canadians have dipped their toes into real estate as an investment.

As with all rallies, there have also been concerns that the market was in bubble territory — concerns that have yet to be proven right.

According to the T. Stenner Group at CIBC Wood Gundy’s True Wealth Report, an annual survey of high net worth individuals, wealthy investors have become wary of the real estate market, with 89% saying real estate was either “expensive” or “somewhat expensive.”

Full text: The real estate debate: Boom or bubble?