Types Of Bankruptcy

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Real Estate Notes  Rates on 30-year mortgages fell for a fourth consecutive week as more evidence of an economic slowdown eased concerns among bond investors about inflation.via

March 10th, 2008

Housing starts rise in February but trend will slow, CMHC reports

– The Canada Mortgage and Housing Corp. says the annual rate of housing starts was 256,900 units in February, up from 222,700 units in January.

Chief economist Bob Dugan says new-home construction was boosted by a significant rise in multiple-family starts in February, primarily condominiums.

But Dugan predicts the trend in housing starts will decrease gradually between now and the end of the year.

In February, urban starts increased 18 per cent over January to 223,700 units.

Urban multiples jumped 30.3 per cent to 140,700 units in February, while singles rose 1.8 per cent to 83,000 units. Read more



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