Condos and the stock market – is there a link?

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A former analyst at the Canada Mortgage and Housing Corporation says there is a strengthening link between the stock market and condo sales. Shaun Hildebrand, senior vice-president of condo market analysts Urbanation, has spotted a trend in which growth in stocks in one quarter appears to boost sales of condos in the next quarter. Hildebrand suggests that investors who reap rewards from their shares may then use earnings to invest in condos. He accepts that further analysis is required but if the trend is proven then tracking stock market activity could be a useful marker of condo sales in the coming months. Read the full story.
  • Angela Wong-Liao - Invis Inc on 2014-09-30 8:05:07 AM

    I believe there is some kind of direct relationship between stock market and condo market and it is an interesting theory analysis but I also believe that the condo market is affected by many factors, stock market is not the only factor that drive the condo market.

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