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Housing Market unstable in California

Posted by stockshop
on Mon 10/12/2009 5:13 PM

On the surface, a glimmer of confidence is returning to the battered U.S. housing market, after more than three years of gut-wrenching defaults, price slumps and foreclosures says Reuters. But investors and homeowners in California, the most...

0 votes | 311 views | 0 corp postings| 1 comments

A rare drop for strong canadian housing market

Posted by rally777
on Tue 08/11/2009 8:17 AM

 Housing starts declined last month from where they were in June but are expected to rise later this year, Canada Mortgage and Housing Corp. said Tuesday. Housing starts fell to 132,100 units in July from 137,800 units in June, on a...

0 votes | 268 views | 0 corp postings| 1 comments

More housing bailout on the way

Posted by Testing123
on Mon 10/19/2009 5:02 PM

Just as federal officials seek to wind down many bailout programs, the Obama administration announced Monday yet another initiative to prop up the housing market according to CNNMoney.com Administration officials unveiled a plan to aid state...

0 votes | 303 views | 0 corp postings| 2 comments

Canadian housing prices rise again

Posted by Rooney
on Thu 03/11/2010 10:00 AM

The New Housing Price Index rose 0.4 per cent for the third straight month in January says The Canadian Press. Statistics Canada reports St. John's, N.L., led the way at 1.7 per cent growth, followed by Winnipeg (0.7), and Toronto and Oshawa...

0 votes | 243 views | 0 corp postings| 2 comments

Google partners with U.S. Bancorp Community Development Corporation in low income housing deal

Posted by BullorBear
on Tue 08/31/2010 12:45 AM

 Google is partnering with U.S. Bancorp Community Development Corporation (USBCDC), a division of U.S. Bank; to create an $86 million Low-Income Housing Tax Credit (LIHTC) fund. According to a release issued today, the funding will be used...

0 votes | 296 views | 0 corp postings| 1 comments

Housing Construction dips in February

Posted by Madame
on Tue 03/16/2010 11:35 PM

Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades says AP. The...

0 votes | 181 views | 0 corp postings| 0 comments

Canadian city most unaffordable housing in the world

Posted by Timothy
on Mon 01/25/2010 3:28 PM

A new report says urban land-use policies are making homes almost unaffordable in markets around the world, including Vancouver, Toronto and Montreal says AP.   The Demographia International report released Monday looked at 272...

0 votes | 239 views | 0 corp postings| 1 comments

Canada's Finance Minister not worried about housing bubble

Posted by BecksWins
on Fri 12/11/2009 5:28 PM

Canada sees no immediate need to put the brakes on a heated housing market by toughening lending rules, Finance Minister Jim Flaherty said on Friday as fears rose that a housing bubble may be forming says AP. Flaherty did say, however, that he...

0 votes | 314 views | 0 corp postings| 1 comments

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