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When will the Toronto Region's Housing Bubble Burst?

On Wednesday, June 22nd, 2016 the Centre for Urban Research and Land Development brought together a panel of experts to debate, educate and answer questions about the housing market in Toronto.

Click here to read about this seminar in NRU: Toronto Edition
(Posted with permission from the publisher of NRU Publishing Inc. Original article first appearsed in Novae Res Urbis - Toronto Edition, Vol. 20. No. 25, Friday, June 24, 2016).
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Moderated by Globe and Mail Personal Finance Columnist, Rob Carrick, the experts included:

Helmut Pastrick

Chief Economist
Central 1 Credit Union
Vancouver B.C.

View Helmut Pastrick's Presentation

Peter Norman
Vice President & Chief Economist
Research, Valuation & Advisory
Altus Group Limited

Will Dunning
President
Will Dunning Inc.

View Will Dunning's Presentation

View slide: Ground-Related MLS Housing Sales and Housing Starts, GTA

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ABOUT THE MODERATOR & PANEL:

Rob Carrick
Personal Finance Columnist 
The Globe and Mail

Rob Carrick has been writing about personal finance, business and economics for more than 25 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.

Rob's personal finance columns appear in The Globe on Monday and Friday, and his Portfolio Strategy column for investors appears every other Saturday. Rob covers all aspects of personal finance and investing, but says his Number One topic right now is housing. Rob has written or co-written five books. The latest is called How Not to Move Back in With Your Parents: The Young Person's Complete Guide to Financial Empowerment.

Helmut Pastrick
Chief Economist
Central 1 Credit Union
Vancouver, B.C.  


Helmut Pastrick is Chief Economist for Central Credit Union 1, the central financial facility and trade association for the B.C. and Ontario credit union systems. Helmut leads a department responsible for providing economic analysis and forecasts to credit unions and the public at large. Prior to joining the Central 1 Credit Union in 1997, he spent many years with the Canada Mortgage and Housing Corporation analyzing and forecasting the housing market and economy. Helmut is former President of the Association of Professional Economists of BC, a member of the Canadian Association for Business Economics, and the BC Economic Forecast Council.
 
Central 1 represents a consumer-oriented, full-service retail financial system that serves 3.3 million members and holds $110 billion in assets and is owned primarily by its member credit unions in B.C. and in Ontario.
 
Peter Norman
Vice President & Chief Economist
Research, Valuation & Advisory
Altus Group Limited


Peter is a well-known professional land economist and forecaster and is Vice President and Chief Economist at Altus Group. Widely quoted in the Canadian media, Mr. Norman is a frequent expert witness on economic matters and leads a national team of economic consultants advising private and public sector organizations across Canada, providing economic intelligence and strategic information.

Mr. Norman earned a BA at Trent University and an MA at the University of Guelph, has sat on the Executive Committee of the Toronto Association of Business and Economics, the Economic Research Committee of the Canadian Home Builders’ Association and is a member of the Association of Ontario Land Economists and a member of Lambda Alpha International, an Honourary Society for the Advancement of Land Economics.

Will Dunning
President
Will Dunning Inc.  


Will Dunning has been analyzing housing markets since 1982. In September 2000, he opened his own consulting company.  Will provides economic analysis relating to housing markets, including economic and housing market forecasts, demographic studies, housing project feasibility studies, and expert witness testimony. In addition, he is the Chief Economist for the Mortgage Professionals Canada (formerly the Canadian Association of Accredited Mortgage Professionals). Will’s website – www.wdunning.com – provides “Housing Market Digest”, which is a monthly review of the housing market in the Greater Toronto Area, and other reports. Will has a BA in Economics (McGill University) and an MA in Economics (University of British Columbia).

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VIDEO OF THE EVENT:

Watch the video >>