The Industrial Product Price Index rose 0.7% in July, while the Raw Materials Price Index increased 0.3%, StatCan reported.
News in end use
US Existing-Home Sales Edge Higher in July
Existing-home sales rose 2.0% in July to a seasonally adjusted annual rate of 4.01 million, NAR reported.
US Mortgage Rates Unchanged in the Week Ending August 21
The 30-year fixed-rate mortgage averaged 6.58%, unchanged from the previous week, Freddie Mac reported.
US Weekly Initial Jobless Claims Increase in the Week Ending August 16
The advance figure for seasonally adjusted initial unemployment claims was 235,000, an increase of 11,000 from the previous week.
The Conference Board US Leading Economic Index Inches Lower in July
The Conference Board Leading Economic Index declined 0.1% in July to 98.7, following a 0.3% drop in June.
US Home Prices Post Third Straight Monthly Decline in July
US home prices edged down 0.1% in July on a seasonally adjusted basis, marking the third consecutive monthly decline, Redfin reported.
Fannie Mae ESR Group Releases August Economic and Housing Outlook
The ESR Group forecasts total home sales of 4.74 million units in 2025, little changed from last month’s forecast of 4.85 million units.
State-Level Construction Employment Data for July
The construction industry added a net 2,000 jobs in July, the BLS and NAHB reported.
US Mortgage Applications Decline in the Week Ending August 15
Mortgage loan application volume decreased 1.4% on a seasonally adjusted basis from one week earlier, MBA reported.
Canadian New-Home Prices Decline in July
The New Housing Price Index (NHPI) declined 0.1% in July, following a 0.2% decrease in June.