Pending home sales fell 0.3% in the four weeks ending November 9, while new listings continue to rise modestly, Redfin reported.
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US Mortgage Rates Little Changed in the Week Ending November 13
The 30-year fixed-rate mortgage averaged 6.24%, up slightly from 6.22% the previous week, Freddie Mac reported.
Value of Canadian Building Permits Climbs in September
The total value of Canadian building permits rose 4.5% in September to CA$11.7 billion, with residential and nonresidential intentions both increasing.
US Mortgage Credit Availability Index Rises in October
The MBA Mortgage Credit Availability Index rose 2.3% to 106.8 in October, with conventional credit leading the monthly increase.
US Mortgage Applications Increase in the Week Ending November 7
Mortgage loan application volume increased 0.6% on a seasonally adjusted basis in the week ending November 7, MBA reported.
University of Michigan Releases Preliminary Results of Its Consumer Sentiment Index for November
The Consumer Sentiment Index fell 6.2% to 50.3 in November, with declines across major components and higher short-term inflation expectations.
NFIB Small Business Optimism Index Falls in October
The NFIB Small Business Optimism Index fell 0.6 points to 98.2 in October as small firms reported weaker sales and profits but continued hiring challenges.
Pending US Home Sales Show Weakest Year-Over-Year Gain in Four Months
Pending US home sales rose just 0.7% in early November, the smallest increase in four months, as buyers stayed cautious despite easing mortgage rates, Redfin reported.
Canadian Employment Rises by 67,000 in October; Unemployment at 6.9%
Canadian employment rose by 67,000 in October, while the unemployment rate declined 0.2 points to 6.9%, the lowest level since August.
US Job Cuts Surge in October; Year-to-Date Total Highest Since 2020
US employers announced 153,074 job cuts in October, up 183% from September and 175% from a year ago, CG&C reported.