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Canada’s housing starts plummet 9% in June

ISTANBUL: Housing starts in Canada plummeted 9% in June, compared to the previous month, according to Canada Mortgage and Housing Corporation (CMHC) figures released Tuesday.

Housing starts stood at 241,672 units in June, down from 264,929 units in M…

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US homebuilding sentiment declines in July

ISTANBUL: Homebuilding sentiment in the US decreased in July, according to a report released on Tuesday.

The National Association of Home Builders/Wells Fargo Housing Market Index came in at 42 in July, down one point from 43 in June.

The index stoo…

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Trkiye’s budget balance runs $8.5B deficit in June

ANKARA: Trkiye’s central government budget balance saw a 275.3 billion liras ($8.5 billion) deficit in June, according to official data released Tuesday.

The figure switched from a 219.4 billion Turkish liras ($6.8 billion) surplus in the prior month…

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Canada’s manufacturing sales rise 0.4% in May

ISTANBUL: Canada’s manufacturing sales rose 0.4% to reach $71.4 billion in May, according to figures released Monday by the country’s statistical agency.

The market expectation for the figure was to show an increase of 0.3%.

The figure for April, me…

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