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Tag: housing starts

US Construction Job Openings: April 2017

US Construction Job Openings: April 2017

The count of unfilled jobs in the construction sector climbed in April, rising to the highest level since September of last year. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis released Monday, the number of open construction sector jobs stood at 203,000 in April. The cycle high was 238,000, set in July of last year. The open position rate (job openings as a percent of total employment) for April came in at 2.9 per…

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Canada Building Permits: March 2017

Canada Building Permits: March 2017

The value of building permits issued by Canadian municipalities fell 5.8 per cent to $7 billion in March, marking a second consecutive monthly decrease, said Statistics Canada May 9. Nationally, the decline was mainly the result of lower construction intentions for multi-family dwellings, particularly in British Columbia and Ontario. All provinces and territories, except Ontario and Quebec, registered decreases in the total value of building permits in March. Canada Building Permits: March 2017 Municipalities issued $4.6 billion worth of residential…

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US New and Pending Home Sales: March 2017

US New and Pending Home Sales: March 2017

US sales of new homes shot up in March to the fastest pace in 8 months, the Commerce Department said April 27. Meanwhile according to the National Association of Realtors Friday, US pending home sales in March 2017 maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity. Home Sales, US The US Commerce Department said this past week that new-home sales rose 5.8 per cent last month to a…

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Canada Investment in New Housing Construction

Canada Investment in New Housing Construction

New housing construction investment in Canada totalled $4 billion in February, an increase of 6.4 per cent compared with the same month in 2016, said Statistics Canada Friday. Spending on single-family dwellings led the ad- vance at the national level. Spending was up in five provinces in February, compared with the same month one year earlier. The national increase was largely the result of higher investment in Ontario and, to a lesser extent, in British Columbia and Manitoba. The largest…

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Canada Housing Starts

Canada Housing Starts

Canadian housing starts cooled more than expected in August, while the previous month was also revised slightly lower, data showed on Tuesday. A report from the Canada Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts slipped to 192,368 last month from a downwardly revised 199,813 units in July. The small drop brought the six-month moving average to 189,837, little changed in the last 12 months. Housing Starts, Canada The three-month trend for starts is 189,800,…

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Japan Housing Starts

Japan Housing Starts

February housing starts in Japan totalled 69,689 units, a 1 per cent increase over February last year and a consecutive 18-month improvement, said the Japan Lumber Reports Friday. Seasonally-adjusted starts were 919,000 units, a 6 per cent decrease over January. Housing Starts, Japan Japan’s Ministry of Land, Infrastructure and Transportation commented that the stable economic situation domestically is supporting home purchasing, so current levels are expected to be maintained, said the Japan Lumber Reports. The growth of home purchasing is…

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Lumber News Archives: Oct 2010

Lumber News Archives: Oct 2010

Biomass Fuel ; Canadian Rail Problems ; US Mortgages, Continued Trouble ; USDA referendum ; Nova Scotia Biomass Funding ; More Funds from Green Transformation Program ; WFP Another CEO Change ; US Requests Canadian Softwood Lumber Consultation ; Log Prices and Timberland Values ; Madison’s Timber Preview: US Foreclosure Freeze ; Housing Starts, Canada ; Japan Housing Starts and New Wood Building Law ; BC’s New Wildfire Management Policy ; Log Prices and Timberland Values ; Wildfire Danger US…

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Canada Housing Starts

Canada Housing Starts

The pace of Canadian housing starts slowed in January with a steep drop in multiple-unit homes, an indication builders are adjusting to a slowdown in buyers, according to Canada Mortgage and Housing Corporation (CMHC) Monday. The agency estimates there were 11,737 actual housing starts in January and that is extrapolated to a seasonally adjusted annual rate of 180,248, down from 187,144 in December. Housing Starts, Canada Canada’s overall urban starts decreased by 2.7 per cent in January to 163,158 units…

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National Association of Home Builders’ Convention

National Association of Home Builders’ Convention

 The data looks very good for all types of US housing starts in 2014 and beyond, according to economists from the National Association of Home Builders (NAHB) Wednesday. The association is forecasting 1.15 million total housing starts in 2014, up 24.5 per cent from last year’s total of 928,000 units. Single-family production is projected to rise 32 per cent in 2014 to 822,000 units and surge an additional 41 percent to 1.16 million units next year. NAHB is anticipating 333,000…

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