Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on August 25th, 2020
U.S. new home sales beat expectations in July - Reuters News
WASHINGTON, Aug 25 (Reuters) - Sales of new U.S. single-family homes increased to their highest level in more than 13-1/2 years in July as the housing market continues to show strong immunity to the COVID-19 pandemic, which has plunged the economy into recession and thrown tens of millions of Americans out of work.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on August 17th, 2020
Canadian home sales surge to record high in July, real estate group says - Reuters
By Fergal Smith
TORONTO, Aug 17 (Reuters) - Canadian home sales rose 26% in July from June, posting the highest monthly level ever recorded, the Canadian Real Estate Association (CREA) said on Monday, as pent-up demand following lockdowns continued to fuel the market.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on August 11th, 2020
Canadian housing starts climb 15.8% in July - CMHC - Reuters
OTTAWA, Aug 11 (Reuters) - Canadian housing starts rose in July as groundbreaking increased on multiple-unit and single-family urban homes, data from the national housing agency showed on Tuesday, as the market continued to bounce back from the COVID-19 crisis.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on August 4th, 2020
Canadian factory activity resumes expansion in July as economy reopens - Reuters News
TORONTO, Aug 4 (Reuters) - Canadian manufacturing activity expanded in July for the first time in five months as reopening of more parts of the domestic economy boosted output and new orders, data showed on Tuesday.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on July 27th, 2020
U.S. core capital goods orders, shipments accelerate in June - Reuters News
Core capital goods orders increase 3.3% in June
Core capital goods shipments surge 3.4%
Durable goods orders rise 7.3%
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on July 20th, 2020
Canadian home prices rise in June but market slowing - Reuters
By Julie Gordon
OTTAWA, July 20 (Reuters) - Canadian home prices rose in June, led by the Halifax, Winnipeg and Hamilton markets, though it was the lowest June advance in 17 years, data showed on Monday.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on July 13th, 2020
C$ rallies along with stocks; BoC decision due Wednesday - Reuters News
Canadian dollar rises 0.3% against the greenback
Canadian producer prices gained 0.4% in June
Price of U.S. oil falls 0.4%
Canadian bond yields rise across much of a steeper curve
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on July 6th, 2020
U.S. service sector rebounds strongly in June - Reuters News
WASHINGTON, July 6 (Reuters) - U.S. services industry activity rebounded sharply in June, almost returning to its pre-COVID-19 pandemic levels, but a resurgence in coronavirus cases that has forced some restaurants and bars to close again threatens the emerging recovery.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on June 29th, 2020
Value of Canada building permits up 20.2% in May - Reuters News
June 29 (Reuters) - The value of Canadian building permits rose by 20.2% in May from April, Statistics Canada said on Monday. This is the largest percentage increase since March 2009, as coronavirus restrictions relaxed in Ontario, Quebec,and Prince Edward Island.
Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B7 on June 24th, 2020
U.S. existing home sales slump to 9-1/2-year low - Reuters News
WASHINGTON, June 22 (Reuters) - U.S. home sales dropped to their lowest level in more than 9-1/2 years in May, strengthening expectations for a sharp contraction in housing market activity in the second quarter following disruptions caused by the COVID-19 pandemic.
