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Canada and US Manufacturing Index: December 2015
The RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), released Monday, fell to a seasonally adjusted 47.5 in December from 48.6 in November. This was the lowest level for the survey that goes back to 2010. In the US, the ISM manufacturing index indicated contraction in December, according to the Institute of Supply Management also Monday.…
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Construction Spending, Canada and US
The value of investment in Canada’s new residential building construction rose 4.3 per cent year over year to $4.7 billion in October, following a 4.8 per cent gain the previous month, said Statistics Canada December 22. The increase at the national level was mainly attributable to higher construction spending on apartment and apartment-condominium buildings, which…
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Construction Spending, Canada and US
The value of investment in Canada’s new residential building construction rose 4.3 per cent year over year to $4.7 billion in October, following a 4.8 per cent gain the previous month, said Statistics Canada December 22. The increase at the national level was mainly attributable to higher construction spending on apartment and apartment-condominium buildings, which…
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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…
