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Posted on December 19, 2011 in Economic.
Following an energy-driven decline in October, finished goods prices rebounded in November, rising a stronger-than-expected 0.3 percent. Core PPI, however, edged up only 0.1 percent.
Retail sales posted a disappointing increase of 0.2 percent in November, but categories typically associated with the holiday season saw solid gains.
Posted on December 19, 2011 in Economic and Housing & Construction.
With the crush of foreclosures, analysts have implored smaller banks to dump bank-owned properties, even if it means taking a big loss.
Real rents continued to edge up, but the Consumer Price Index (CPI) was unchanged in November.
Posted on December 19, 2011 in Economic and Raw Materials.
Residential building material prices show modest decline in November, but pressure is building for a sharp increase in the 2012.
The health of the Burlington housing market is in part due to its position as a regional healthcare center, the large number of post-secondary educational institutions and a steady stream of retirees.
Declining multifamily vacancy rates are a hopeful sign for future multifamily market expansion
The economic and housing news of the past few weeks suggests a continuation of the flat recovery.
According to a report from Fitch Ratings, after years of economic turmoil, US homebuilders should see modest gains with a stable outlook in 2012.
Posted on December 12, 2011 in Economic and Raw Materials.
Canfor Corporation has decided to close its historic Rustad Sawmill in Prince George, British Columbia and Tackama Mill in Fort Nelson, British Columbia, Canada.
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