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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…
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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…
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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…
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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…
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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,…
