Housing market remains sluggish in Canada despite March rebound

 · Construction spending in the U.S. was basically flat in April, suggesting little pickup in the housing industry despite tumbling mortgage rates. Economists surveyed by MarketWatch had predicted a.

Single-family delinquencies at Freddie Mac inch down

 · Housing activity has been lagging across Canada ever since January, causing many industry watchers to wonder when will things start to heat up again. The answer largely depends on when the market will adjust to the effects of a new mortgage stress test, which came into effect on January 1 and sent sales plummeting.

(Bloomberg) — Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9 percent nationally while the benchmark price rose 0.8 percent, the Canadian Real Estate Association said Monday from Ottawa.

Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. home sales rose 0.9% nationally while the benchmark price rose 0.8%, the Canadian Real Estate Association said Monday from Ottawa.

Weekly Economic and Financial Commentary: Economic Data Reinforce Fed Patience – Despite volatility in the orders component, uncertainty remains on how durable goods could be. applications have risen since the fourth quarter. Winter is a slow season for the housing market,

Canadian Real Estate. Housing Market Remains Sluggish in Canada Despite March Rebound. Bloomberg – Josh Wingrove. Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9.

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Canadians are gloomy about the economy, the housing market. –  · Canadians are more confident in their job security than they have been in years, but that hasn’t extended into better personal finances or optimism about the housing market.

"Despite the rebound in single-family housing starts, homebuilding activity remains. market, which continues to spur housing demand, homebuilders still face challenges such as labor shortages and.

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Canadian home sales fall for sixth month in first March decline since the recession There’s a full-fledged housing chill in Vancouver, but it hasn’t reached Toronto, data shows

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The outlook for the residential property market in Canada has been lowered as new mortgage rules are expected to cool the housing sector and interest rates are expected to rise. Nationally sales activity is projected to decline by 7.1% in 2018, according to the forecast from the Canadian Real Estate Association (CREA) which says that [.]