– by New Deal democrat With this morning’s release of new home sales, we have all of the important housing data releases for the month. So let’s integrate that into the overall housing outlook. Let’s begin with my usual overview that new home sales are the single most leading metric for the entire sector, but they suffer from the fact that they are extremely volatile and also heavily revised. So it is best to look at them in comparison with...
Read More »Economic and social factors associated with the use of homeless shelters
Ali Jadidzadeh and I recently undertook some statistical analysis on behalf of Infrastructure Canada (Canada’s lead federal government agency on homelessness). Here’s a ‘top 10’ overview of our analysis: https://nickfalvo.ca/economic-and-social-factors-associated-with-the-use-of-homeless-shelters/
Read More »Housing Shortage, Housing Bubble, Soft Landing, FED Brilliance or Lick?
I think the title makes it clear that this will be a rambling confused post. I am typing on with the thought that something is better than nothing and no one has to read this. The first topic – house prices, is in fact one that interests me a lot. I have a regression which suggests that a high ratio of house prices to the general price level is terrible news, because it indicates a housing bubble which will burst and be followed by a prolonged...
Read More »Housing sector enters yellow flag “recession watch” territory
– by New Deal democrat Residential construction permits and starts bounced back from their July Hurricane-Beryl affected decline, but housing units under construction declined below the threshold for hoisting a yellow “recession watch” flag for this sector. At the same time, I continue to suspect that we are rising from lows in the most leading metrics, and no “recession warning” is warranted. To begin with, the most leading metric, housing...
Read More »Housing sector enters yellow flag “recession watch” territory
– by New Deal democrat Residential construction permits and starts bounced back from their July Hurricane-Beryl affected decline, but housing units under construction declined below the threshold for hoisting a yellow “recession watch” flag for this sector. At the same time, I continue to suspect that we are rising from lows in the most leading metrics, and no “recession warning” is warranted. To begin with, the most leading metric, housing...
Read More »Early Read on Existing Home Sales in August
Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...
Read More »Early Read on Existing Home Sales in August
Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...
Read More »Report finds insufficient daytime options for people experiencing homelessness
I’m the lead author of a recent report, commissioned by Vibrant Communities Calgary, looking at factors associated with social disorder on public transit (including social disorder involving people experiencing homelessness). Here’s a ‘top 10’ overview of the report: https://nickfalvo.ca/report-finds-insufficient-daytime-options-for-people-experiencing-homelessness/
Read More »Youth homelessness
[unable to retrieve full-text content]I’ve just released Chapter 9 of my open access textbook. This chapter focuses on youth homelessness. A ‘top 10’ overview of the chapter can be found here: https://nickfalvo.ca/youth-homelessness/
Read More »Comparing municipal spending on housing and homelessness in Canada’s major cities
I recently led a research study comparing spending by large Canadian municipalities on homeless-related services and affordable housing. Here’s a ‘top 10’ overview of the study:https://nickfalvo.ca/comparating-municipal-spending-on-housing-and-homelessness-in-canadas-major-cities/
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