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US Housing Inventory: 1Q 2017
The US housing market has again moved toward greater disconnect between supply and demand, according to a Trulia report released Thursday. US home inventory has tumbled to a new low after the eighth straight quarter of decline as supply can not keep up with demand. The drop in availability is being felt most acutely by…
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US House Prices, Sales: January and February 2017
House prices in the United States remained flat in January, the first time in more than three years that they have not climbed, according to the Federal Housing Finance Agency monthly House Price Index Friday. As well, new US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was…
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Softwood Lumber and NAFTA
It’s looking increasingly like NAFTA is not going to get just “tweaked”, according to the latest meetings of new USTR appointee Robert Lighthizer, who formerly worked for Ronald Reagan. Lighthizer told his Senate confirmation hearing Tuesday that softwood is “at the top of the list,” said the Globe and Mail March 14. He said he…
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Madison’s Wood Pellet Report *new*
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US Construction Spending: January 2017
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. NAHB analysis of Census Construction Spending data, released March 1, shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate…
