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housing development

Trading > Calculated Risk

Housing Starts and the Unemployment Rate

Calculated Risk... | Fri, 11/13/2009 - 3:31pm | construction, economic indicators, employment rates, housing development, housing leads, housing sectors, new home sales, Real Estate, unemployment rates |  13 comments

This is an update to an earlier post . As I've noted for some time, housing leads the economy and is the best leading indicator for the economy - both into and out of recessions. Employment lags the economy, and the following graph shows the relationship between starts and unemployment. ... Rea ... Read more

Real Estate > Edmonton Real Estate

New Home Construction in Edmonton Still Slow

Sara MacLennan | Tue, 03/10/2009 - 4:30pm | edmonton housings, housing development, new home construction, new homes, Real Estate |  8 comments

As we've been reporting for well over a year, new home construction in Edmonton is still slow. A report released by Canada Mortgage and Housing (CMHC) today shows this year is even slower than last year: Total housing starts in the greater Edmonton area in February were 213, down from 692 last ... Read more