UK: Housing Sector Continues to Come Closer to Bottoming Out

UK: Housing Sector Continues to Come Closer to Bottoming Out
Once again today we see that the United Kingdom largest customer-owned lender reported that the monthly rise in house prices was the most in 19 months which is further hinting out that the housing sector is easing its downfall.
Nationwide Building Society released its house prices for […]


Canadian Housing Starts Drop

Canadian Housing Starts Drop
CAD Housing Starts Actual 117k, Expected 140k, Previous 147k
Release Explanation: This report covers the number of new residential Starts reported on a seasonally adjusted annualized basis. “The report acts as a leading indicator on housing market sentiment and the overall economy because they have an important influence on new […]


U.S.: Housing Construction Sinks More Than Expected in March

U.S.: Housing Construction Sinks More Than Expected in March U.S. residential starts dropped 10.8% M/M to 510K in March. Permit approvals were also quite soft, falling 9.0% M/M to 513K. The tone of the report was somewhat mixed, though it suggests that the travails in the U.S. housing market continued in March.
U.S. housing […]