Tag Archives: housing

June inflation almost non-existent except for the fictitious measures of shelter  – by New Deal democrat  The message of this morning’s consumer inflation report was the same for almost everything except for the fictitious measures of shelter: sharp deceleration everywhere. Let’s take a look: Headline CPI up 0.2% m/m and 3.1% YoY (lowest since March 2021) Core CPI up 0.2% m/m and 4.9% YoY (lowest since October 2021): CPI less...

Fed Chair Jerome Powell already warned he “may” have two more planned Fed rate increases in the making. Even a Fed comment is enough to stymie a housing market increase. US recession fears ease: surprisingly strong data on housing, consumer confidence, labor market, Financial Review, Vince Golle and Reade Pickert President Joe Biden told donors he thinks the US will avoid a potential recession that economists and banks have long been...

I’m writing an open access textbook on homelessness, with a focus on high-income countries. Each chapter gets uploaded to my website as it is completed. The latest chapter, on health, is now available. A ‘top 10’ overview of the chapter can be found here:https://nickfalvo.ca/health-and-homelessness/ All information pertaining to the book can be found here:https://nickfalvo.ca/book/

[unable to retrieve full-text content]I’ve written a blog post about what Canada’s recent federal budget did for housing and homelessness (which wasn’t very much). Here’s my analysis: https://nickfalvo.ca/canadas-2023-federal-budget/

I’ve written a book chapter on subsidized rental housing and homelessness under Alberta’s first UCP government. My ‘top 5’ overview of the chapter is available here: https://nickfalvo.ca/subsidized-rental-housing-and-homelessness-under-albertas-first-ucp-government/

On 28 February 2023, the Danielle Smith government tabled Alberta’s 2023-2024 budget. Projecting a $2.4 billion surplus for the coming fiscal year, the budget announced some spending increases; but many are effectively cuts when one accounts for both inflation and population growth. Here are 10 things to know: The budget itself contains projections pertaining to inflation and population change. In the upcoming fiscal year, the budget projects 3.3% inflation (using...

Housing prices continue to come down – like a feather  – by New Deal democrat As I’ve repeated many times in the past 10 years, in housing prices follow sales with a lag. Housing permits and starts both peaked early in 2022, and house prices followed during the summer. This morning the FHFA and Case Shiller house price indexes for December showed continued declines both on a monthly and YoY basis, continuing to presage a similar decline in...

Existing home sales and prices decline further, BUT . . .  – by New Deal democrat Even though existing home sales make up about 90% of the total market, they have much less economic impact than new home construction. They are best used to confirm trends. In January they continued to confirm that sales have continued to decline, and prices, which follow sales with a lag, have joined in. January sales declined another -0.7% to 4.2 million...

In March, 2022, Pew Research released a study showing that in 2020, 23% of Americans spent more than half their income on rent. Since then, rents in most parts of the country have gone up 16% (because they could). Safe to say, the income of those 23% did not go up 16%. Rent increases play a major role in the current round of inflation. Though the percentage of increase in rent (inflation) was greater than most other items; the media has said...

I’m writing an open access textbook on homelessness. Chapter 4 has just been published. A ‘top 10’ overview of the chapter can be found here:https://nickfalvo.ca/emergency-facilities/ The full chapter is available here:https://nickfalvo.ca/wp-content/uploads/2023/02/Falvo-Chapter-4-Emergency-Facilities-30jan2023.pdf And all material related to the book can be found here:https://nickfalvo.ca/book/