Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Flagging retail sales a bad omen for home prices Add to ...

Subscribers Only

A Conference Board of Canada report concluded that record household debt levels will slow domestic consumer spending, and since the bulk of this debt is mortgage-related, I went in search of a connection between the housing market and consumer spending.

The past 17 years has seen a close relationship between retail spending and housing prices. If it holds, this might be bad news for indebted homeowners.

Follow on Twitter: @SBarlow_ROB

Next story




Most popular videos »

More from The Globe and Mail

Most popular