Home Resales Rise, Boding Well For Economy

Housing Market

WASHINGTON (Reuters) - Home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.

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  • Alberta's overall home affordability stays in the saddle: RBC Economics
    "Overall, homeownership remains affordable with measures remaining at or below their long term average, implying little downside risk to the market and boding well for strengthening ... the costs of owning a home (a rise in the measure means homes are ...
    11/17/2016 - 5:06 am | View Link
  • The Weekly Bottom Line
    Falling productivity has highlighted the risks of the U.S. falling into a low-growth phase with persistent weakness in labor productivity boding ... the decline in home prices this year likely to be more shallow than expected. Edmonton resales and prices ...
    08/12/2016 - 5:42 pm | View Link
  • Canada first-quarter economic pick-up disappoints, weakness seen ahead
    OTTAWA (Reuters) - Canada's economic growth accelerated at a weaker pace than expected in the first three months of the year and lost momentum at the end of the quarter, boding poorly for a second quarter that is expected to be further impacted by Alberta ...
    05/31/2016 - 2:39 am | View Link
  • Strong jobs market to spur U.S. housing in 2015: Reuters poll
    Data on Monday showed existing home sales tumbled to a nine-month low in January. The survey forecast home resales averaging a 5.20 million ... The 30-year mortgage rate is currently at 3.76 percent. Also boding well for housing, the government has taken ...
    02/5/2015 - 11:00 am | View Link
  • Dustin McClure Real Estate
    It’s hard to fathom that when the soldiers who fought in the Vietnam War came home from fighting, people actually scoffed at, spit on and disregarded them because of their participation in the war? Today, it’s incredible that anyone living in the ...
    10/14/2014 - 1:47 am | View Link
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