Tag: building materials

  • Canada Housing Starts: September 2017

    Canadian housing starts dipped in September, capping another quarter of strong home building growth, but a drop in August building permits suggested the long boom is cooling, separate reports from Canada Mortgage and Housing Corporation showed Tuesday. Groundbreaking on homes in Canada edged slightly lower in September to 217,118 units from August’s upwardly revised 225,918 […]

  • Canada Investment in New Housing Construction: June 2017

    Investment in new housing construction in Canada rose 7.2 per cent from June 2016 to $4.7 billion in June, said Statistics Canada Tuesday. The increase was mostly attributable to higher investment in single family dwellings (+$257.9 million). All but one province saw an increase in new housing investment in June 2017. The largest increase was […]

  • Canada New Housing Price Index: May 2017

     Toronto, ON, and Vancouver, BC, were largely responsible for a 0.7 per cent monthly rise in new house prices in Canada in May, said Statistics Canada Thursday. Toronto was the largest contributor to the national gain, rising 1.1 per cent from April to May. Builders linked higher prices to market conditions, a shortage of developed […]

  • US Home Builder Confidence, Home Equity: June & 1Q ‘17

    Builder confidence in the market for newly-built single-family homes in the US weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released Thursday. Elsewhere, according to the Federal Reserve Board’s 1Q 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, […]

  • 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 […]

  • 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 […]

  • US Lumber and Building Sales, Imports, Log Exports: Jan – Feb 2017

    US Lumber and Other Construction Materials Trade for Jan-Feb 2017 are up 7.7% to US$42,933 million, from US$40,475 million for the first two months of last year. Full-Year 2016 US Construction Trade was US$122,384 million, up 7.7% from full-year 2015. US Lumber and Other Construction Materials Trade: Jan-Feb 2017 US Log Exports to the WORLD […]

  • 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 […]

  • US Construction Jobs: February 2017

    According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis April 11, the number of open construction sector jobs rose to 169,000 in February. The cycle high is 238,000, set in July of last year. The open position rate (job openings as a percent of total employment) for February increased to […]