"We continue to see last year's challenging borrowing conditions reflected in multi-unit housing starts numbers. We expect to see continued downward pressure," said Bob Dugan, CMHC's chief economist. Government announced CAD8.5B of spending on housing over 5Y in the 2024 federal budget. Some ...
Figure 14. U.S. housing starts However, the natural population growth in the U.S., the natural aging of houses, and the housing demand brought by new immigrants have not decreased. In 2008, the U.S. population was 304 million, and by 2024 it has grown to 336 million, yet new houses...
1.79 Housing Starts (mill.) 0.3% LEI MACROECONOMY & END-USE MARKETS Running tab of macro indicators: 12 out of 20 The number of new jobless claims fell by 2,000 to 184,000 during the week ending 16 April. Continuing claims fell by 58,000 to 1.4 million,...
Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000. This is 14.7% below the revised February estimate of 1,549,000 and is 4.3% below the March 2023 rate of 1,380,000. Single‐family housing starts in March were at a rate of 1,022,000; ...
Book Bits: 20 April 2024 ●Growth: A History And A Reckoning Daniel Susskind Reviewvia Financial Times The book starts with a canter through centuries of muddled thinking. Thomas Malthus and his contemporaries thought that growth was inherently unsustainable, as a growing population would eventually ...
The descent starts well enough, but halfway down, Grimluk's boot slips on an iron rung. In his scramble to keep from falling, he makes enough noise for an army. He's still cursing when Orla sees the eyes shining from the dark. (3)"Come on you clumsy bastard, we're nearly at ...
As the seasons change and outdoor living spaces become more cherished, it’s time to take a closer look at what’s trending for patios in 2024. This year, homeowners are stepping up their game, blending style with functionality and sustainability. Whether you’re planning a complete overhaul ...
New on Netflix in April 2024: Top picks 'The Magic Prank Show with Justin Willman' Hosted by, you’ve guessed it, Justin Willman this is a hilarious prank show with a magical twist. Willman uses his unbelievable trickster skills to pull off a whole range of devilishly comical...
29% for 1-2 months; 30% report none. The quoted piece sees this as a disaster but, when you add in the support measures the state has provided during the shutdown, low health, education and housing costs, Russians will come out of this better off than many other countries. (Thanks to...
“Consumers are tired of waiting for rates to fall. They’ve been waiting for three years,” he said. Despite the Fed cuts to interest rates in the second half of 2024, mortgage rates have been trending higher with the 30-year fixed rate mortgage rate now just shy of 7%. “Pati...