Us Housing Market

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

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.

Wood Someone Check These Prices?

Commodity prices are all down, right? Wrong! Commodity prices have scored high on the economic shock-talk scale in the past decade. Although prices are generally still riding high, the recent trend ha...

A Tale of Two Housing Markets: US and Canada

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?
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Is a Housing Recovery Possible Without Job Growth?

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'

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 recover by now, but he remains optimistic about t...