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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…
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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…
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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…
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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…
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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…
