Items Tagged with 'Canada'

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Moody's: Canadian lumber tariff may take up to 6 months to impact U.S. homebuilders

Chart breaks down where the impact hits home prices
The Trump administration recently announced a tariff on Canadian softwood lumber imported into the U.S. to address a long-standing issue between the two countries. And while Canadian lumber producers, as intended, will feel the impact immediately, so will U.S. homebuilders. The main difference is that it could take U.S. homebuilders up to six months to feel the financial blow.
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Monday Morning Cup of Coffee: What does Goldman Sachs expect from Trump administration?

Plus trouble brewing for Canada’s housing market
In the days since the election, observers on both sides of the political divide found themselves shaking their collective heads at the frequency at which the name Goldman Sachs is a prominent feature on the resume of one of President-elect Donald Trump’s cabinet nominees. So, what exactly does Goldman Sachs expect out of the Trump administration? All that and more in your Monday Morning Cup of Coffee.
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China set to dominate foreign homebuyers market

Analysts expect Chinese to overtake Canadians within 5 years
“This bigger picture hides a rapid rise in purchases by Chinese investors, who may overtake Canadians as the largest group of foreign buyers of US housing within the next five years,” Capital Economics Property Economist Paul Diggle said.
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Homes.com expands into Canada

Offers new rental channel
Homes.com is expanding its rental channel into Canada. The initiative offers consumers the chance to search for rental listings using data from numerous Canadian property management companies.
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Canada fails to learn from its Southern neighbors

Housing market starts to mimic a bubble
"We believe it is official that Canada’s housing market is frothy and in danger of a correction. Home prices when viewed as an index have soared, surpassing the height of the US housing bubble," said Chris Muoio, senior associate and economist with Auction.com Research.
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