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Jim Haughey avatar

The forty basis point jump in long term credit rates, including mortgages, from early May to early June has now been reversed. But we should not forget the immediate impact this had on mortgage applications and bank lending volume, including commercial mortgages.  This was a preview of what will happen when the credit constrain becomes binding sometime next year.

The quick spike in credit rates, premature as it turns out, was possible because lenders are nervous about the adequacy of credit when the recent drop in GDP is largely reversed.  Lenders are also, for the first time, especially concerned about …

Construction Market Forecasts Available from Reed Construction Data

US Construction Forecast

Delivers the most timely construction industry activity in a dynamic, quarterly format that combines historical data, current year projections and forward-looking forecasts.


US Starts Database

A comprehensive source of construction activity statistics designed to give you the most important business planning information in a highly efficient and effective way.


CanaData Annual Construction Forecast

Contains Canadian construction trends over the last ten years and projections for the next three years, including easy-to-read graphs and statistical data in current and constant dollars; demographics; interest rates; employment rates; and much more.


CanaData Construction Starts

A monthly analysis of construction start activity across Canada and by region, the construction starts product provides accurate and complete information, ahead of government statistics, on square footage totals, number of units, dollar value and percentage change over the year.

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