U.S. Housing Starts and Permits at All-Time Lows
U.S. housing starts and building permits each fell to record lows in October, which economists say is bad news in the short term. However, the quicker housing activity declines, the quicker excess inventory will be cleared off the market and the
U.S. Preview: U.S. Housing Starts Set to Fall in October
The U.S. housing market is expected to give further proof of a long, slow-motion decline with the release of the housing starts & permits report from the Department of Commerce on Wednesday. The starts index could potentially fall to levels not s
More Than a Third of Canadians Expect Housing Prices to Fall
Canadians are growing increasingly fidgety about the future of the country's real estate market, according to survey results released Tuesday by the Canadian Association of Accredited Mortgage Professionals (CAAMP).
Economic Turmoil Keeping Canadian Homebuyers on the Sideline
Buying a house can be enough to cause night sweats and jangled nerves at the best of times. For most people, it's the single largest purchase they will ever make and paying for it can take two or three decades.
Deflation is the enemy of growth and prosperity
They say that what goes up must come down and in the case of current inflation it is certainly true.As the causes of the recent spike in inflation — namely oil, gas and food prices — all fall back sharply, the rate of inflation will follow su
NZ house sales plunge, prices 'to drop'
New Zealand's housing market remains in a slump, with the number of sales diving more 44 per cent in the first half of 2008 compared with the year-before result, a new report shows.
Canadian Non-Residential Construction Costs Rise Sharply
Higher material costs pushed the price of non-residential construction in Canada up 2.4% in the third quarter compared with the previous three-month period, Statistics Canada reported Friday.
BoE sounds warning on recession and deflation
The Governor of the Bank of England, Mervyn King, yesterday made his clearest pledge yet that he is "prepared to see Bank rate move to whatever level is necessary" to avoid deflation.


