Residential real estate prices dropped more than forecast in the year ended October, showing a broad-based decline that indicates the housing market continues to be weighed down by foreclosures.
Entrepreneur John Fitzsimmons has announced his intention to seek the Progressive Conservative (PC) nomination for Banff-Canmore, left vacant by out-going MLA Janis Tarchuk, who served 14 years in the riding.
Sales of newly built, single-family homes edged up 1.6 percent to a seasonally adjusted annual rate of 315,000 units in November, according to the U.S. Commerce Department.
The National Retail Federation has revised its holiday forecast upward, expecting holiday sales to rise 3.8 percent this year to a record $469.1 billion.
Orders for U.S. durable goods rose in November by the most in four months as an increase in demand for aircraft outweighed declines in spending on computers and equipment.
GO PRO: NYC, the industry’s first national networking and educational event geared for emerging interior design professionals, recently offered more than 100 participants two-days of networking, social and educational events featuring industry perspectives on topics ranging from professional advancement, product development and pro bono work.
Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., has issued the following statement on a congressional plan to pay for extending an expiring payroll tax cut by raising fees charged by Fannie Mae and Freddie Mac.
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