(Reuters) – Manufacturing activity growth remained sluggish in. hurt by a housing slump and a downturn in investment and manufacturing. In Japan, the Markit/JMMA PMI reading fell to 49.9 in April,
(Bloomberg) — Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9 percent nationally while the benchmark price rose 0.8 percent, the Canadian Real Estate Association said Monday from Ottawa.
WASHINGTON (MarketWatch) — The Federal Reserve needs to keep interest rates near zero because the outlook for the U.S. labor market remains. despite the troubled non-residential loan sector,
“The latest tick in the LegalShield Housing Activity Index, which reflects demand for real estate and foreclosure legal services over the last quarter, continues to indicate that the real estate.
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Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9 per cent nationally while the benchmark price rose 0.8 per cent, the Canadian Real Estate Association said Monday from Ottawa.
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Canada’s housing market remains sluggish despite March rebound;. Under the proposal, Canada Mortgage and Housing Corp. will provide up to 10 per cent funding for new homes and five per cent for existing homes to reduce the cost of mortgage payments.
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The headline unemployment rate stood at 4.5 per cent in March 2017, in line with the average unemployment rate seen at the peak of the housing market bubble in 2006. the employment of the United.
Housing market remains sluggish in Canada despite March rebound Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Housing market April 16
Existing-home sales decline for fifth time in six months Existing home sales fell 0.4% to a seasonally. in March and 1.8 million a year ago. At April’s sales pace, it would take 4.2 months to exhaust the current inventory, up from 3.8 months in March. A.
"We are expecting this to be a sluggish year overall in Canada’s residential real estate market, with the hangover from the 2018 market correction and weaker economic growth acting as a drag on home price appreciation, balanced by lower for longer interest rates," says Phil Soper, president and CEO of Royal LePage, in the company’s.