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US Home Prices: October and Year-End 2015
Read more: US Home Prices: October and Year-End 2015Home prices across the US, including distressed sales, increased by 6.3 per cent in November 2015 compared with November 2014 and increased by 0.5 per- cent in November 2015 compared with October 2015, according to the CoreLogic HPI released Thursday. US House Prices: October and Year-End 2015 The Black Knight current month US home prices…
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Apartment Vacancy Rates, US: 4Q 2015
Read more: Apartment Vacancy Rates, US: 4Q 2015Reis reported Wednesday that the apartment vacancy rate in the US increased in 4Q 2015 to 4.4 per cent, up from 4.3 per cent in 3Q, and up from 4.3 per cent in 4Q 2014. The vacancy rate peaked at 8.0 per cent at the end of 2009, and appears to have bottomed at 4.2…
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Canada and US Manufacturing Index: December 2015
Read more: Canada and US Manufacturing Index: December 2015The 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
Read more: Construction Spending, Canada and USThe 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
Read more: Construction Spending, Canada and USThe 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…
Read more: Madison’s Seasons Greetings…Madison’s would like to wish our subscribers and contacts a safe and happy holiday break. The Reporter will resume operation January 8th, 2016. Thanks for another great year!
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US Real Estate Conditions Year-End 2015
Read more: 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…
Read more: Madison’s Seasons Greetings…Madison’s would like to wish our subscribers and contacts a safe and happy holiday break. The Reporter will resume operation January 8th, 2016. Thanks for another great year!
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Canada Gross Domestic Product: 3Q 2015
Read more: Canada Gross Domestic Product: 3Q 2015Canada’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
Read more: US Construction, Single FamilyDue 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.…
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Los Angeles Port Traffic: November 2015
Read more: Los Angeles Port Traffic: November 2015Strong cargo volume continued at the Port of Long Beach in November with 6.6 per cent growth in container trade over the same month last year. It was the fifth straight month of increases and enough cargo to rack up the second-busiest November in the Port’s 104-year history. Upcoming post-holiday sales planned by retailers across…
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Residential Price Index, US Houses: October 2015
Read more: Residential Price Index, US Houses: October 2015In addition to Case-Shiller, and CoreLogic, there is also FNC, Zillow, and sev- eral other house price indexes. FNC have released their October 2015 index data, reporting that their Residen- tial Price IndexTM (RPI) indicates that US residential property values decreased 0.1 per cent from September to October (Composite 100 index, not seasonally ad- justed).…
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US Housing Starts: November 2015
Read more: US Housing Starts: November 2015New-home construction in the US rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world’s largest economy. Housing starts climbed 10.5 per cent to a 1.17 million annualized rate, from a 1.06 million pace in October, figures from the Commerce Department…
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US Economy and Economic Indicators
Read more: US Economy and Economic IndicatorsThis week new research was released on the current makeup of the US middle class, the continuing commodities price slump, other — more general — US economic indicators provide a somewhat less murky, if still muted, projection of the health of the US economy over the next year or two. Said Bill McBride in his…
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US Economy and Economic Indicators
Read more: US Economy and Economic IndicatorsThis week new research was released on the current makeup of the US middle class, the continuing commodities price slump, other — more general — US eco- nomic indicators provide a somewhat less murky, if still muted, projection of the health of the US economy over the next year or two. Pew Research Center Analysis…
