US Housing Market

What Canada's Export Numbers Tell Us About Global Demand

Peter Hall | Posted 06.09.2014 | Canada
Peter Hall

Last week's merchandise trade figures were pretty impressive, all things considered. Weather has wracked a lot of January and February indicators, but...

What's Working in Canada's Economy and What Isn't

Peter Hall | Posted 01.23.2014 | Canada
Peter Hall

Canada's overall numbers are not as impressive, but they reflect the growth rotation that will see exports and business investment grab the baton from the consumer and housing sectors. Conditions already favour export growth: a weakening loonie, a surge in leading sectors, a key export market that is leading the way, and strong demand for resources.

Here's Where House Prices Are Soaring

CP | Christopher S. Rugaber, The Associated Press | Posted 08.04.2013 | Canada Business

WASHINGTON - U.S. home prices soared 12.1 per cent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for few...

Export Growth Predictions: See How Canada's Provinces Stack Up

Peter Hall | Posted 07.16.2013 | Canada Business
Peter Hall

International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?

Amid the Gloom of the Economy, There's a Silver Lining

Peter Hall | Posted 06.25.2013 | Canada Business
Peter Hall

Jitters about the economy's near-term future shroud the planet. The latest data aren't helping. But quietly, amid the gloom, there's a different story. Lending activity is beginning to improve.

Wood Someone Check These Prices?

Peter Hall | Posted 05.06.2013 | Canada Business
Peter Hall

Commodity prices are all down, right? Wrong! Commodity prices have scored high on the economic shock-talk scale in the past decade. Although prices a...

A Tale of Two Housing Markets: US and Canada

Peter Hall | Posted 04.15.2013 | Canada Business
Peter Hall

As of December, US housing starts are just shy of the million mark, up 37 per cent over December, 2011. In contrast, Canada's January starts plunged 20 per cent compared with year-ago data, eking out just 161,000 units. Are we headed for recession while the US economy recovers?

Is a Housing Recovery Possible Without Job Growth?

Peter Hall | Posted 02.03.2013 | Canada Business
Peter Hall

Housing markets are on a tear south of the border. Against expectations, US housing starts surged to 894,000 units in October, up 42 per cent over last year's number. Some believe this is the real thing, the leading edge of a true and sustainable recovery. Others aren't persuaded, convinced that this is just another flash in the pan. Their reasoning? No jobs, no housing recovery. Are they right?

'Dead Wrong'

CP | Josh Funk, The Associated Press | Posted 04.26.2012 | Canada Business

OMAHA, Neb. - Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to...

Royal Bank Of Canada To Pay $30.4 Million U.S. In Settlement With SEC

CP | David Friend, The Canadian Press | Posted 11.27.2011 | Canada

TORONTO - The capital markets division of Royal Bank (TSX:RY) has agreed to pay US$30.4 million to settle charges by the U.S. Securities and Exchange ...

Cheap U.S. Housing Lures Canadian Pot Growers

Vancouver Sun | Posted 10.08.2011 | Canada Business

The U.S. housing crash has lured some marijuana growers to move their operations south of the border, according to an internal RCMP report obtained by...