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Canadian Housing Sector to Slowdown in 2008
Jul 03, 2008 - The slowdown in the construction of new houses in Canada during 2008 is leading a downtrend in both resale home sales and homebuilding. CMHC (Canada Mortgage and Housing Corp.) announced on May 15, 2008 that the housing industry
New Jersey Housing Industry Slumped 30% in Q1 2008
Jul 02, 2008 - The number of homes sold in New Jersey during Q1 2008 dropped by 30% on account of credit crunch, higher mortgage rates, foreclosures, and spiraling food and fuel prices. According to New Jersey Association of Realtors (NAR),
Median Home Prices in US Slumped 7.7% in First Three Months of 2008
Jun 30, 2008 - The median home prices in US housing industry slumped by 7.7%, highest fall since 1979, in the first quarter of 2008, says NAR. At least two-third of the US cities saw steep fall in median home prices in the first quarter of
Scottish New Home Market Saw 20% Fall in Home Loans in Q12008
Jun 25, 2008 - The Scottish home market experienced 20% fall in new home loans during the first quarter of 2008 due to credit crunch and lack of liquidity schemes. According to the Council of Mortgage Lenders (CML), the housing industry of
Home Loans in UK Drop by 39% in April 2008
Jun 17, 2008 - According to the British Bankers Association, there was a 39% drop in number of mortgages offered by big banks in the UK during April 2008 over the same period last year. According to the British Bankers Association (BBA), the
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