Tag "housing"


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U.S CPI Rise 0.4% In October

U.S CPI Rise 0.4% In October
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🕔November 17, 2016

The U.S consumer-price index accelerated in October for the third-straight month largely due to rising energy costs, the latest sign inflation pressures in the economy are firming. The U.S consumer price index rose 0.4% in October with the annual inflation rate at 1.6% from 1.2% previously and this increase was in line with market expectations.…

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Canadian Housing Starts Edge Higher in September

Canadian Housing Starts Edge Higher in September

🕔October 11, 2016

Canadian housing starts grew sharply in the month of September as the stand alone seasonally adjusted annual rate (SAAR) at 220,617 for the month after a reading of 184,201 in the month of August and the highest reading for almost a year.…

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NAHB Index Posts 11 Month High

NAHB Index Posts 11 Month High
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🕔September 19, 2016

  • Growing household income raises home sales
  • Positive NAHB numbers could raise clamor for a near term rate hike

The National Association of Homebuilders’ monthly housing market index, a measure of builder sentiment soared to 65 this month, evenly matched against the 11 month high that was the highest for the index since the year 2005.…

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Australian New Home Sales Report Fresh Lows

Australian New Home Sales Report Fresh Lows

🕔August 29, 2016

  • Fourth consecutive fall for the release

Australian new home sales have posted fresh lows for the month of July as it fell for the third time in four months signalling a persisting downtrend in the economically vital housing sector. The Housing Industry yesterday reported in its monthly survey of large-volume builders that new home sales fell to a seasonally adjusted 9.7% in July, completely offsetting a previous soar of 8.2% in the month of June.…

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US Housing Price Index Grows by 0.2%

US Housing Price Index Grows by 0.2%

🕔August 25, 2016

A 0.2% rise in the US housing price index has been reported by the US Federal Housing Finance Agency for June after a 0.2% gain for May, the report was marginally lower than analysts’ expectations of 0.3%. Prices have also increased by 1.2% to reach a 5.6% rise from the second quarter of 2015 to the second quarter of 2016.…

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