Wood Markets News


Canadian Housing Starts Decline 0.2% in November

The Canadian Mortgage and Housing Corporation reported on Thursday that November’s standalone monthly seasonally adjusted annual rate of total housing starts for all areas in Canada declined 0.2% month-over-month to 264,159 units, compared to 264,581 units in October.

Mortgage Applications Rise in the Week Ending December 9th

According to data from the Mortgage Bankers Association’s Weekly Mortgage Application Survey, for the week ending December 9th, the Market Composite Index (a measure of mortgage loan application volume) increased 3.2% on a seasonally adjusted basis from one week earlier.