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Tag: building prices

Canada Investment in Housing Construction: 2Q and May 2018

Canada Investment in Housing Construction: 2Q and May 2018

Canadian investment in new housing construction increased +6.3% from May 2017 to $4.8 billion in May, according to Statistics Canada Thursday. The year-over-year increase was led by spending on multiple-unit construction (apartment buildings, row houses and semi-detached houses), while spending on single-family homes was down. Investment in non-residential building construction, meanwhile, totalled $14.3 billion in 2Q 2018, up +1.4% compared with 1Q. The commercial (+$123.7 million) and industrial (+$103.4 million) components were up, while the institutional component declined, said StatsCan. Canada Construction Spending Investment in Canadian new housing…

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North America Lumber and Panel Prices Settle Back to Normal Territory

North America Lumber and Panel Prices Settle Back to Normal Territory

While still high compared to recent years, US and Canadian lumber prices this week started to approach what could be considered normal territory . Inventories in the field remain lean, however sawmills have managed to get wood ordered in 2Q out to their customers and are now able to assess the assets in their own yards. Current Softwood Lumber Prices Compared to Recent and Historical Highs Recent mayhem in the lumber market, especially with prices, is starting to abate. Manufacturers…

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Canada Sawmills: April 2018

Canada Sawmills: April 2018

Lumber production in Canada rose +0.5% from March to 5,925 thousand cubic metres of lumber in April, said Statistics Canada Wednesday. Production was +2.5% higher than in April 2017. Sawmills shipped 5,807 thousand cubic metres of lumber in April, up +7.7% from March but -1.4% lower than in April 2017.

British Columbia Coastal Log Prices: May 2018

British Columbia Coastal Log Prices: May 2018

Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May 2018 (sample issue: March 2018) The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to…

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Canada Building Permits, Construction Investment: April and 1Q 2018

Canada Building Permits, Construction Investment: April and 1Q 2018

Canadian municipalities issued $7.8 billion worth of building permits in April, down -4.6% from March, said Statistics Canada June 6. Declines were reported in every component except commercial buildings. In the residential sector, the value of permits issued by municipalities fell 4.3% to $5.1 billion in April. Five provinces posted declines led by British Columbia. In the multi-family dwelling component, municipalities issued $2.7 billion worth of building permits in April, down 5.2% from March. Four provinces contributed to the drop, with British Columbia and Alberta recording…

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Canada Residential Building Permits: January 2018

Canada Residential Building Permits: January 2018

New housing construction investment in Canada totalled $4.4 billion in January, up +9.4% compared with January 2017. Investment was up for all dwelling types, said Statistics Canada Wednesday. Spending rose in eight provinces, led by Quebec (+$139.1 million), British Columbia (+$128.3 million) and Alberta (+$82.6 million). The increase in Quebec was driven by investment in apartment building construction. Canada Construction Investment: January 2018 In British Columbia, year-over-year gains were posted for all dwelling types, with single homes (+$52.3 million) and apartments (+$52.1 million) accounting for the majority of…

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New Housing Price Index, Canada: December 2017

New Housing Price Index, Canada: December 2017

Nationally, prices for new houses in Canada were unchanged in December, while showing limited growth in some markets, according to Statistics Canada February 8. In December, new house prices in Canada were unchanged for the first time since April 2015. Buyers in 15 of the 27 census metropolitan areas surveyed saw no price change. Increases in 8 surveyed CMAs across the country were offset by declines in the remaining 4. Canada New Housing Price Index: December 2017 Since the middle…

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Canada Building Permits, Construction Investment: 2017

Canada Building Permits, Construction Investment: 2017

The value of building permits issued by Canadian municipalities declined 7.7 per cent to $7.7 billion in November, said Statistics Canada Monday. CANADA CONSTRUCTION INVESTMENT AND BUILDING PERMITS: 2017 Investment in non-residential building construction in Canada totalled $13.7 billion in the fourth quarter, up 1.6 per cent over the previous quarter, marking a third consecutive quarterly increase, according to Statistics Canada Tuesday. Nationally, gains were reported for all three components (institutional, industrial and commercial), led by spending on institutional building…

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US Construction Job Openings: September 2017

US Construction Job Openings: September 2017

The open position rate (job openings as a per cent of total employment) for September softened to 2.8 per cent. On a smoothed twelve-month moving average basis, the open position rate for the construction sector held steady at 2.6 per cent, according to the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, released Tuesday. US Construction Jobs: September 2017 The overall trend for open construction jobs has been increasing since the end of…

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Building Permits, Canada: August 2017

Building Permits, Canada: August 2017

Canadian municipalities issued $7.5 billion worth of building permits in August, down 5.5 per cent from July, according to Statistics Canada Tuesday. This was the second consecutive monthly decrease. Despite these declines, the year-to-date value of building permits (January to August) is up 8.7 per cent compared with the same period in 2016, reflecting a $3.1 billion increase in multi-family dwellings. Canada Building Permits Total construction intentions for multi-family dwellings in Canada declined in August, down 6 per cent from…

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