Mon, Jul 14 2008, 7:00 AM
According to strategists and economists, markets will be looking for
some direction next week with the release of major economic reports. In
the U.S...
Wed, Jul 9 2008, 7:00 AM
U.S. crude oil inventories will top the U.S. economic
data releases of the day along with Canadian building permits for June.
In Europe, markets w...
Mon, Jul 7 2008, 7:00 AM
This week will begin with a number of Federal Reserve
speakers and see the release of housing data in both Canada and
the U.S. on Wednesday. The...
Tue, Jul 1 2008, 7:00 AM
According to a report from the U.S. Department of Commerce,
construction spending in the United States declined 0.4%
month-over-month in May. R...
Tue, Jul 1 2008, 7:00 AM
Today's key economic release will be the ISM manufacturing index for
June where economists expect a drop to 48.5 from May's 49.6 reading.
Canadian m...
Tue, Jun 17 2008, 8:00 AM
Tue, Jun 17 2008, 7:00 AM
"U.S. housing starts have left no doubt that the housing
crunch is still in full swing," said Dimitry Fleming at ING
Wholesale Banking. "Home buil...
Tue, Jun 17 2008, 7:00 AM
U.S. housing starts came in below expectations at
975k in May, a month-over-month decline of 3.3%, according to data
released from the U.S. Depart...
Mon, Jun 9 2008, 7:00 AM
Both the Canadian and U.S. housing sectors will kick off the week,
with Canadian markets receiving May housing starts, with the U.S.
expecting data ...
Thu, Jun 5 2008, 7:00 AM
The Bank of England and European Central Bank rate decisions will
highlight the European economic news as American markets will receive
initial jobl...
Mon, Jun 2 2008, 7:00 AM
According to a report from the U.S. Department of Commerce,
construction spending in the United States declined 0.4%
month-over-month in April.
...
Mon, Jun 2 2008, 7:00 AM
The ISM's manufacturing index for the United States
will highlight a relatively light day of economic news and events. In
Europe, markets will be ...
Wed, May 28 2008, 7:00 AM
Tue, May 27 2008, 7:00 AM
San Francisco Fed President Janet Yellen (non-voter) said rates
are "appropriate" for encouraging growth and that the real Fed funds rate
is near ze...
Mon, May 19 2008, 7:00 AM
We can all breathe a sign of relief.
The housing crisis is over .
At least that was the headline on the editorial page of the Wall
Street Jour...
Mon, May 19 2008, 7:00 AM
According to the Conference Board, the index of U.S. leading
indicators improved 0.1% month-over-month in April, matching the 0.1%
rise in March.
...
Fri, May 16 2008, 7:00 AM
Brian Bethune, chief U.S. financial economist at Global Insight, said
the decline in single-family starts "certainly makes sense given the
level of...
Fri, May 16 2008, 7:00 AM
The rate of housing starts during April was 8.2
percent higher than in March. April�s rate was 1,032,000 and the revised
March estimate was 954,00...
Mon, May 12 2008, 7:00 AM
It is going to be a blockbuster week for data in the
U.S. with the release of tier one data. Markets will receive April's CPI
report, retail sales...
Thu, May 1 2008, 7:00 AM
According to a report from the U.S. Commerce Department,
construction spending in the United Sates declined 1.1%
month-over-month in March.
Nev...
Wed, Apr 23 2008, 7:00 AM
As the overhang of new homes sits at a 27-year high of 9.8 months,
new home sales are expected to fall for a fifth
consecutive month in the March ...
Wed, Apr 23 2008, 7:00 AM
Long term mortgage interest rates as reported by
Freddie Mac in its Primary Mortgage Market Survey were virtually
unchanged during the week which ...
Thu, Apr 17 2008, 7:00 AM
If the several million people facing foreclosure over the next
few years actually lose their homes, where are they going to go?
The conventional...
Wed, Apr 16 2008, 7:00 AM
Housing starts and the issuing of
construction permits continued to fall in March. Permits
for building privately-owned housing units were issued...
Mon, Apr 7 2008, 7:00 AM
The focus this week will be on Tuesday when minutes from the
March 18 FOMC meeting , when the Fed cut interest rates
by 75 bps, are released.
M...
Tue, Apr 1 2008, 7:00 AM
Total construction spending in January fell 1.7%.
Total residential construction spending fell 0.9% in February to an
annual rate of $463.761 b...
Mon, Mar 31 2008, 7:00 AM
In the wake of mixed regional data, the U.S. ISM
report to be released Tuesday, will highlight the state of the
U.S. national manufacturing sector...
Tue, Mar 18 2008, 7:00 AM
Housing starts and the pulling of construction
permits continued to decline in February according to a
monthly report issued by the U.S. Census B...
Thu, Mar 6 2008, 8:00 AM
The chief economists of the National Association of Realtors�
( NAR ) on Thursday predicted that sales of
existing homes will probably remain flat...
Mon, Mar 3 2008, 10:28 AM
Mon, Mar 3 2008, 8:00 AM
The National Association of Home Builders ( NAHB ) has
called on Congress to quickly enact a second round of
economic stimulus programs directed a...
Wed, Feb 20 2008, 8:00 AM
Housing starts and building permits
continue to lag far behind the numbers recorded one year ago according to
monthly data issued on Wednesday by...
Tue, Feb 5 2008, 8:00 AM
With the New Year it is interesting to look back to
the forecast issued in January 2007 and compare it with the January 2008
outlook which came ou...
Wed, Jan 30 2008, 8:00 AM
Mortgage interest rates for the week ended January 24
continued to fall and long term rates hit their lowest levels since the
spring of 2004 accord...
Thu, Jan 17 2008, 8:00 AM
Housing starts took another nose-dive in December
according to a joint release from the U.S. Census Bureau and the
Department of Housing and Urban ...
Thu, Dec 27 2007, 8:00 AM
Mortgage rates were up slightly during the pre-
holiday week ended December 20 according to the Primary Mortgage Market
Survey conducted by Freddie ...
Tue, Dec 18 2007, 8:00 AM
Housing starts took another dive in November, falling
another 3.7 percent from the revised October estimate of 1,232,000
starts. Even worse, the se...
Wed, Nov 28 2007, 8:00 AM
Mortgage rates continued to decline by baby steps as
reported by Freddie Mac in its Primary Mortgage Market Survey. The 30-
year fixed-rate mortgage...
Tue, Nov 27 2007, 8:00 AM
The U.S. Council of Mayors released a devastating
report on the impact on member communities of the ongoing
housing market problems. The report, p...
Mon, Nov 26 2007, 8:00 AM
It may be hard to remember now but there was a time when real
estate was fun , maybe even fun and games. It was in those long
ago days before falli...
Tue, Nov 20 2007, 8:00 AM
The national media was trumpeting the good news about housing
start data released Tuesday morning by the Census Bureau and the
Department of Housi...
Mon, Nov 19 2007, 8:00 AM
The stock market by mid-day on Monday was heading toward another hefty
loss and analysts were blaming - what else - fallout
from the sub-prime mar...
Thu, Oct 18 2007, 7:00 AM
There is an old Western expression that a person's mood is "lower than
a snake's belly." Well lift up that snake and you just might find a home
buil...
Wed, Oct 17 2007, 7:00 AM
Secretary of The Treasury Henry M. Paulson , Jr., is
in danger of becoming a household name in the midst of the sharp housing
downturn.
"The hou...
Mon, Oct 1 2007, 7:00 AM
There was actually some good news in real estate on Friday. The bad
news was it had nothing to do with the housing slump or the mortgage
crunch.
...
Thu, Sep 20 2007, 7:00 AM
Housing starts in August hit the lowest level on an
annualized basis since July 1995 The news would have been even worse if
it were not for a subs...
Fri, Sep 14 2007, 7:00 AM
Lawrence Yun, senior economist for NAR said that unusual
disruptions are dampening the outlook for home sales, notably
for August and September. "...
Wed, Aug 29 2007, 7:00 AM
Mortgage rates in general took a fairly substantial dive during the
previous week with longer term rates dropping double digits in most cases
and so...
