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The Saretsky Report

Steve Saretsky

Weekly musings on the Canadian housing market, interest rates, and the economy.

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Substack
PricingOnly free issuesPublishesWeekly
Issues189Founded4 years agoLast Issue6 days ago
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Latest Issues

Sentiment Bump

Happy Monday Morning!

A blue wave has swept across BC, wiping out the NDP party in decisive fashion. The Conservatives captured 64 seats and the NDP picking up just 27 seats. Eby’s decision to call a snap election will go down as one of th...

6 days ago
24
6

COPE Harder

Happy Monday Morning!

Several weeks ago we wrote about ‘Build BC Strong’ the campaign slogan from the NDP Government that has, by many measures, created policies that have done the opposite. This is particularly true for housing, where we...

13 days ago
21
10

Build BC Strong

Happy Monday Morning!

The provincial election is heating up in BC. Last week we wrote about David Eby’s economically incoherent unsold condo tax. Today we revisit that policy along with a few other ideologically motivated policies that wer...

a month ago
33
7

The Unsold Condo Tax

Happy Monday Morning!

For the past several years this newsletter has been detailing the housing bear market. For example, last year we noted that the Greater Vancouver resale market experienced a 25 year low in annual home sales. Ouch.

H...

a month ago
46
9

Shadow Inventory

Happy Monday Morning!

The US Federal Reserve raised interest rates by 25bps and penciled in an additional rate hike later this year. Officials voted unanimously to increase the federal funds rate to a range of 3.75% to 4% on Wednesday. It...

a month ago
19
1

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  • Steve Saretsky

    Real Estate aficionado. Vancouver Realtor & investor. Avid student of Macro Economics and Credit Cycles.

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