Japan November Housing Starts Declined to Lowest Level This Year
Japan November Housing Starts Declined to Lowest Level This Year
Japan November housing starts declined 7.0% m/m SA to their lowest level this year, now flat y/y, despite boosted by a base effect in comparison with disruptions to housing starts a year earlier surrounding adoption of new building standard. Similarly, construction orders fell to -12.5% y/y […]
Housing: No Bottom In Sight
Housing: No Bottom In Sight
Existing Home Sales (Nov) Actual 4.49M, Expected 4.90M, Previous 4.91M (Revised from 4.98M)
Release Explanation: Annualized number of existing residential buildings that were sold during the previous month, excluding new construction. They include both quantity and price statistics. Important since the housing market is included in most economic forecasts. Retail Sales, […]
Canadian Housing Starts Fall 7.46% For The Year
Canadian Housing Starts Fall 7.46% For The Year
CAD Housing Starts (Oct) Actual 212k, Expected 202k, Previous 218k
Release Explanation: This report covers the number of new residential Starts reported on an annualized basis. The report act as a leading indicator on housing market sentiment and the overall economy because they have an important influence on new […]