Economic Indicators

Fewer Americans applying for mortgages, refinancing

Mortgage applications have decreased for two straight weeks, finds the U.S. Mortgage Bankers Association.

By Staff |August 21, 2013

1 min read

Canadians to see salaries increase 2.6%

Canadian employees can expect an average salary increase of 2.6% in 2014, finds a survey of public and private sector employers by Hay Group. The projected increase is lower than the projection for 2013 (at 2.9 %) and continues to be relatively close to projected increases of 2.8% for American employees. U.S. average projections are […]

By Staff |August 20, 2013

2 min read

8 areas to invest in, 7 to avoid

Americans are in for another decade of slow growth, predicts Gary Shilling, president of economic consultant firm A. Gary Shilling & Co. Inc.

By Suzanne Sharma |August 19, 2013

2 min read

Home sales steady in July, CMHC lowers housing starts estimate

National home sales were little changed on a month-over-month basis in July 2013. According to statistics released today by The Canadian Real Estate Association (CREA).

By Staff, with files from The Canadian Press |August 15, 2013

1 min read