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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  • The rush is over for Ontario homebuyers amid eroding affordability: RBC
    "After setting record highs this past winter, Ontario home ... resales falling back across the region to the lows reached during late-2008 and early-2009. Cooling demand loosened up market conditions, restraining home price increases and limiting the rise ...
    02/7/2017 - 9:43 pm | 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
  • 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 ...
    05/12/2016 - 1:00 pm | View Link
  • Existing home sales edge down in February
    WASHINGTON (Reuters) - U.S. home resales dropped slightly in February to a 19 month-low as cold weather and a shortage of homes for sale continued to sideline potential buyers. The National Association of Realtors said on Thursday home sales dropped 0.4 ...
    03/20/2014 - 3:16 am | View Link
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    02/21/2017 - 10:48 am | View Website
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