Good News for Canada and the US

By
Real Estate Agent with RE/MAX of Nanaimo

Good News for Canada and the US

According to the British Columbia Real Estate Association, things are looking bright on the horizon, on both sides of the border. Most certainly this is welcome news, so I must share it! Below is their latest take on things:

 

"Canadian Manufacturing and US Housing Starts - January 19, 2012"

"Canadian manufacturing sales bounced 2 per cent higher in November, following an 0.8 per cent monthly decline in October. The gains were driven by higher sales in the petroleum and coal products industries along with strength in the auto sector. Total manufacturing sales were 1.7 per cent higher in volume terms.  Higher sales were reported in 80 per cent of the manufacturing sectors surveyed. Sales by BC manufacturing firms grew 0.9 per cent month over month in November and were almost 6 per cent higher than in November 2010. 

South of the border, US housing starts (a key bellwether for BC's forestry sector) fell 4.1 per cent in December, coming in at a seasonally adjusted annual rate of 657,000 units. However, the pace of housing starts in the fourth quarter of 2011 represented a post-recession high, a strong signal that US home construction should continue to improve in 2012."


What a pleasureable read this is!


It appears that they are anticipating 2012 to be a year of good growth for both countries, and as real estate agents, we are more than ready to ride that tide...are we not? I look forward to a year of doing business with my Active Rain family and of prosperity  for us all. What is your take on this? Looking forward to your comments!www.heasliphomes.comBeautiful Nanaimo

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
British Columbia Nanaimo Area Nanaimo
Groups:
Canada, eh
Posts to Localism
PrimoAgents
Canadian Bacon
The Recovery Train
Tags:
sales
canadian
housing starts
manufacturing
us
home construction

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,536,832
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Rhonda,

these are positive signs. A recession can't last forever.

Brian

Jan 19, 2012 12:25 PM #1
Rainer
99,064
RhondaHeaslip NanaimoRealEstate
RE/MAX of Nanaimo - Nanaimo, BC

That's exactly right, Brian. Things are looking up finally!

Jan 20, 2012 12:49 PM #2
Rainmaker
449,271
Malcolm Johnston
Century 21 Lanthorn Real Estate LTD., Trenton, Ontario - Trenton, ON
Trenton Real Estate

Rhonda, I'm feeling a good vibe from 2012 already, I'm counting on it being a good year.

Jan 21, 2012 05:25 AM #3
Rainer
99,064
RhondaHeaslip NanaimoRealEstate
RE/MAX of Nanaimo - Nanaimo, BC

Malcolm, So glad to hear that the east is feeling the good vibes as well! Would love to do some referral business with you!

Jan 25, 2012 07:33 AM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
99,064

RhondaHeaslip NanaimoRealEstate

Ask me a question
*
*
*
*
Spam prevention