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US Home Price Index: March 2015
The Federal Housing Finance Agency and the Standard and Poor’s/Case-Shiller recently released Monday the Home Price Index for March. The price index reported by the Federal Housing Finance Agency (FHFA) decelerated in March, slowing to an annualized growth rate of 4.2 per cent, from 7.8 per cent in February. Monthly growth rates have been volatile…
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US Architecture Firm Billings: April 2015
After a soft 1Q resulting largely from severe weather across parts of the Northeast and Midwest, expectations were that design billings at architecture firms would rebound in 2Q, said the American Institute of Architects May 20. At 48.8, the April ABI national score reflected a steeper retrenchment than any of the first three months of…
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Lumber Company Mergers, Acquisitions
Lumber company Stock Building Supply Holdings announced Wednesay it agreed to combine with privately held Building Materials Holding, in a deal that positions the combined company to take advantage of demand for building supplies in the recovering housing market. The two lumber companies, once bankrupt, had combined revenue of US$2.7 billion in 2014. Stock Building…
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North America Construction Framing Dimension Lumber Wholesale Price: 06/05
June 5, 2015: #LUMBER PRICES 06/05: WSPF KD 2×4 #2&Btr US$280 mfbm (+$18); WSPF KD PET 2×4 Studs $280 (+$15); Doug Fir green #2&Btr 2×4 $310 (+$5); OSB ON 7/16″ C$240 msf (+$5) (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 06/05
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US Built-for-Rent Starts: 1Q 2015
US single-family homes built-for-rent declined to approximately 2,000 starts for 1Q 2015, compared to about 4,000 at the start of 2014. The share and count of built-for-rent starts are off post-recession highs and will approach historical norms as the housing market continues to expand. However, given the relatively small size of this market, care must…
