Fannie Mae’s Economic and Strategic Research Group has reduced its outlook for economic growth over the entire year from 2.2% […]
News in covid 19
Conifex Timber Inc., Extends Curtailment at Mackenzie B.C. Mill
Conifex Timber Inc. has announced it is extending its temporary production curtailment at its Mackenzie B.C. mill for two additional […]
Consumer Confidence in Australia Records Largest Fall in 47 Years
According to a survey of 1200 adults across Australia, conducted by the Westpac Banking Corp., during the week of April […]
Bank of Canada Says COVID-19 Outbreak Set to Trigger Biggest Ever Near-Term Domestic Slump
The Bank of Canada said on Wednesday, that the COVID-19 outbreak was set to trigger the biggest ever near-term domestic […]
Canadian Home Sales Slump in March
The Canadian Real Estate Association (CREA) has reported that Canadian home sales slumped <-14.3%> in March from February as economic turmoil related […]
Housing Starts and Permits for March Begin Feeling the Impact of COVID-19 Pandemic
The U.S. Census Bureau has reported that privately‐owned housing starts in March were at a seasonally adjusted annual rate of […]
Multifamily Developers Facing New Headwinds from Impact of COVID-19 Virus
The National Association of Home Builders (NAHB) conducted an online poll on April 3rd and 4th of members of the […]
National Association of Realtors® Predicts Slow Spring Buying Season
According to the results of the National Association of Realtor® (NAR) Economic Pulse Flash Survey, which was conducted on April […]
U.S. Economic Data Shows Sharp Slow Down in March and Early April
According to data released by the U.S. Commerce Department, U.S. retail sales fell by the most ever in March, in […]
Builders Confidence Experiences Largest One Month Drop in its History
The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) indicates that builder confidence in the market for […]