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Author: Madison’s Lumber Reporter

  • US Home Prices: October and Year-End 2015

    Home prices across the US, including distressed sales, increased by 6.3 per cent in November 2015 compared with November 2014 and increased by 0.5 per- cent in November 2015 compared with October 2015, according to the CoreLogic HPI released Thursday. US House Prices: October and Year-End 2015 The Black Knight current month US home prices…

  • Apartment Vacancy Rates, US: 4Q 2015

    Reis reported Wednesday that the apartment vacancy rate in the US increased in 4Q 2015 to 4.4 per cent, up from 4.3 per cent in 3Q, and up from 4.3 per cent in 4Q 2014. The vacancy rate peaked at 8.0 per cent at the end of 2009, and appears to have bottomed at 4.2…

  • Canada and US Manufacturing Index: December 2015

    The RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), released Monday, fell to a seasonally adjusted 47.5 in December from 48.6 in November. This was the lowest level for the survey that goes back to 2010. In the US, the ISM manufacturing index indicated contraction in December, according to the Institute of Supply Management also Monday.…

  • Construction Spending, Canada and US

    The value of investment in Canada’s new residential building construction rose 4.3 per cent year over year to $4.7 billion in October, following a 4.8 per cent gain the previous month, said Statistics Canada December 22. The increase at the national level was mainly attributable to higher construction spending on apartment and apartment-condominium buildings, which…

  • Construction Spending, Canada and US

    The value of investment in Canada’s new residential building construction rose 4.3 per cent year over year to $4.7 billion in October, following a 4.8 per cent gain the previous month, said Statistics Canada December 22. The increase at the national level was mainly attributable to higher construction spending on apartment and apartment-condominium buildings, which…