The National Association of Realtors® (NAR) has reported that existing-home sales fell in March following a February that had significant […]
News in end use
Washington State Governor Under Increasing Pressure to Allow Building and other Work to Restart Now
Governor Jay Inslee of Washington State issued his current “Stay Home, Stay Healthy” order on March 23rd and extended it […]
Fannie Mae Anticipates Short but Painful Downturn
Fannie Mae’s Economic and Strategic Research Group has reduced its outlook for economic growth over the entire year from 2.2% […]
U.S Mortgage Rates Remain at Near All-Time Lows
Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
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 […]