CA Historical Archive
Archive files covering CA: every file tells what happened and why it mattered, paired with playable scenarios built from authentic market data.
33 files
2012 · Property · BG
October 2012: Seven National Property Markets Begin a Coordinated Ascent
Seven national property indices began climbing together in October 2012, riding low rates and policy support through a rare sustained bull phase with minimal drawdowns.
Read the file →2009 · Property · US
2009 Property Markets: The Great Divergence After the Subprime Crash
Spring 2009 found global property markets at a crossroads—US cities still searching for a bottom after the subprime collapse, while Canada and China embarked on divergent recovery paths.
Read the file →2008 · Stocks · US
2008: The Global Equity Correction and Crash — How Subprime Became a Systemic Crisis
During 2008, global equities corrected then crashed as subprime contagion spread from US housing to banks, commodities, and emerging markets worldwide.
Read the file →2008 · Property · CA
2008 Property Markets: Navigating Post-Crisis Recovery in Canada and the United States
July 2008 to October 2015 — CA and US residential property markets through the post-crisis recovery era, 30 monthly bars across two nations with diverging trajectories.
Read the file →2007 · Property · CA
2007 Summer: Two Housing Markets, Two Trajectories
In summer 2007, Canadian and US property markets stood at similar valuations—then diverged sharply through the crisis years. How?
Read the file →2006 · Property · CA
2006-07: Two Housing Markets, One Divergence
When two housing markets diverged from the same starting gate in mid-2006—one steadier, one in structural retreat through the post-crisis years.
Read the file →2005 · Property · BG
April 2005: National Eight Articles and the Global Property Market Divide
China's 2005 property tightening set off a decade-long experiment in policy-driven cooling—against a backdrop of eight markets that would diverge wildly as the global credit crisis approached.
Read the file →2005 · Property · CA
2005-07: Six Nations, One Housing Storm — The Global Property Replay
Six national housing indices from July 2005 to October 2012 reveal divergent outcomes when the 2008 crisis hit property markets worldwide.
Read the file →2004 · Property · US
2004: US Housing Bubble — The Low-Volatility Illusion
17 US housing replays, 2004–2011: low-volatility boom masked fragility; subprime expansion ended in crisis.
Read the file →2004 · Property · US
June 2004: The U.S. Housing Bubble's Final Acceleration — When Low Volatility Became a Warning Signal
In mid-2004, U.S. housing entered its last surge phase. Case-Shiller indices climbed without meaningful correction, lulling participants before the 2008 reckoning.
Read the file →2003 · Property · CA
October 2003: Five Nations, One Property Boom, Divergent Fates
A single month saw five national property indices open in unison—only to split wildly over the next 30 months. Canada surged 57.5%; the UK barely budged. The divergence began in plain sight.
Read the file →2002 · Property · CA
2002-01: Four Property Markets, Four Risk Profiles — The BIS Boom That Wasn't One Crisis
Four national property indices embarked on divergent 2000s trajectories from January 2002, each telling a different story about returns, drawdowns, and volatility discipline.
Read the file →2000 · Stocks · US
2000–2001: BEL 20 and the Post-Dot-Com Correction — When Europe's Blue Chips Met the Tech Wreck
How Belgium's BEL 20 index — starting at 3007.82 on September 27, 2000 — absorbed the dot-com collapse's shockwave across 150 trading days, shedding 7.0% with a 19.0% maximum drawdown.
Read the file →1998 · Stocks · US
1998: When Global Markets Caught Russia's Contagion
In the summer of 1998, Russia's sovereign default cascaded into a global liquidity crisis, hammering equity markets from Jakarta to Toronto and nearly toppling Long-Term Capital Management.
Read the file →1997 · Property · CA
1997–2004: Canada and Norway Property Booms — The Long Climb and the Decision Points It Demanded
Two national housing markets climbed steadily through the late 1990s and early 2000s, rewarding holders who resisted overtrading. Canada rose 50.1%, Norway 63.7%.
Read the file →1996 · Property · CA
1996: The Quiet Property Boom — Five Markets, One Shared Lesson
Five national property indices rose in unison without meaningful correction, demanding a different kind of discipline from traders and investors.
Read the file →1995 · Property · US
1995–1997 US Property: The Steady Ascent That Tested Patience
In the mid-1990s, US property markets entered a sustained but muted upswing across ten cities. The headline narrative promised growth, yet the actual price trajectory demanded precision and patience.
Read the file →1994 · Property · US
1994 to 1996: The Quiet Property Boom — When Patient Capital Won by Doing Nothing
A deep dive into U.S. property markets from 1994 to 1996, where Phoenix surged 14.5% with zero drawdown and Atlanta climbed 10.2% without a single losing month.
Read the file →1992 · Property · CA
July 1992: Three Property Markets, Three Futures — Canada, Norway, and the United States on the Same Starting Line
July 1992 baseline: Canada's index at 45.03, Norway's at 36, the US at 174.58. Over the next 7 years, three nations produced three very different return profiles in property.
Read the file →1991 · Property · CA
1991-07: Norway Oil Boom vs Canada Choppy Recovery — Two Property Markets, Divergent Paths
Two national property indices from the same starting date: Norway's oil-fueled boom delivered 35.7% against Canada's 6.2% grinding recovery, testing different decision regimes over 30 months.
Read the file →1990 · Property · CA
July 1990: Three Property Markets Diverge — Patience, Pain, and the 1990s Recovery
Three national property markets began the 1990s on divergent paths: Norway's oil boom, Canada's recession, and America's recovery all unfolded over the same seven years.
Read the file →1990 · Stocks · US
1990 Summer: The Gulf Shock and Small-Cap Correction
August 1990's Iraqi invasion of Kuwait triggered a global market correction; small-caps bore the brunt before recovering in 1991.
Read the file →1990 · Stocks · US
Gulf War Shadows: How the 1990 Middle East Crisis Shook Global Equity Markets
Gulf War escalation in 1990 sent shockwaves through global equities — NASDAQ shed 30.7%, small-caps crashed 26.2%. How did geopolitical risk cascade across US, UK, and Gulf markets?
Read the file →1989 · Property · CA
1989-1996: Five Property Markets, One Overheat — Why Some Collapsed While Others Recovered
When global property peaked in 1989, five nations diverged sharply. Finland crashed 39.8%, the UK fell 28.9%, Norway dropped 25.4%, Canada wobbled 8.4%, and the US barely flinched at 0.4%.
Read the file →1988 · Property · CA
1988-10: The BIS Property Collapse — Nordic Overhang, Canadian Cooling, and the British Reckoning
From October 1988, four nations' property indices embarked on divergent paths through banking crises, recessions, and credit contraction, reshaping a decade.
Read the file →1987 · Property · CA
1987 October: Three Property Markets, One Shock, Divergent Fates
Three BIS national property replays launched from October 1987 — Finland ground down by banking crisis, the UK caught in recession, Canada absorbing the shock. Identical structures, opposite outcomes.
Read the file →1985 · Property · CA
1985–1992: Four National Property Markets — Divergent Recovery, Hidden Crises
Four nations, one market type, vastly different trajectories: how aggregate data concealed regional crises and what that means for decision training.
Read the file →1984 · Property · CA
October 1984: Four National Property Markets Enter a Boom — and Diverge Sharply
Four national property indices launched October 1984; divergent trajectories followed through 1992. The lesson: same boom, radically different drawdown experiences.
Read the file →1983 · Property · CA
October 1983: Three National Property Markets Enter Expansion — BIS Launches Parallel Replay Experiments
Three national property markets entered simultaneous expansion in late 1983, prompting BIS to launch parallel replay experiments for decision training. US, CA, FI. 1983–1991.
Read the file →1981 · Property · CA
1981–1989: Three Markets, One Boom, Three Lessons in Volatility
The 1980s property surge across Norway, Finland and Canada tested every assumption about real estate as a stable store of value — with outcomes that diverged sharply.
Read the file →1979 · Property · CA
October 1979: The BIS Property Boom That Split Two Economies
How Norway's property boom and Canada's rate shock diverged under the same BIS framework — 1979–1987.
Read the file →1978 · Property · CA
October 1978: Three Property Markets, Three Fates — The BIS National Replay Cluster
Three national property replays launched in October 1978, each embedding six decision points across 30 monthly bars from the stagflation era into the 1980s growth cycle.
Read the file →1970 · Property · CA
1970s Property Boom: Four Nations, Four Risk Profiles — One Silent Warning
Four nations, one decade: Canada's 132.5% gain vs Norway's flat -1.0% taught investors entirely different lessons about volatility, drawdown, and the patience required to hold through a cycle.
Read the file →