U.S. housing market poised for new boom

Amid waves of troubling global economic news, there’s a sleeper story that’s gone largely overlooked, particularly in financial markets.


The U.S. housing market is doing much better. And it’s now on the cusp of what could be a dramatic turnaround.


That’s the conclusion of a new report by Vancouver-based independent housing economist Doug Smyth, who argues, among other good things, that millions of newly created jobs will eventually power another boom in demand for softwood lumber.


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15 hottest American cities of the future


Although it's hard to predict what the future will hold, we've come up with a list of 15 cities that we think will be hot in 20 years.



To compile this list we looked at job growth, population growth and demographics, affordability, livability, and the health and well being of the residents.



We also considered how the city is innovating in terms of technology, sustainability, culture, and more. And we thought about how "cool" the city is--an important factor in attracting the young, creative types who will make the city hot.



Read the full article here.