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Madison’s Seasons Greetings…
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US Real Estate Conditions Year-End 2015
“Rents Will Rise Faster Than Home Prices In 2016, Consumers Say,” screams a headline from The Mortgage Reports Wednesday. “According to Fannie Mae’s most recent National Housing Survey, US consumers expect that home prices will climb 2.3 per cent between now and next year; and that rents will rise by nearly double that amount.” Each…
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Madison’s Seasons Greetings…
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Canada Gross Domestic Product: 3Q 2015
Canada’s real gross domestic product (GDP) rose 0.6 per cent in the 3Q, according to Statistics Canada December 1, following two consecutive quarterly declines. The quarterly growth was driven by increased international demand for Canadian goods and services as exports grew 2.3 per cent. Final domestic demand was flat after edging up 0.1 per cent…
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US Construction, Single Family
Due to the surge in multifamily development and the ongoing modest growth for single-family, there has been a noticeable shift in the market shares of housing units under construction, said the US National Associ- ation of Home Builders Thursday. The Census housing starts data illustrate a trend to more multifamily units in the production pipeline.…
