Tag: building

  • 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…

  • Canada Building Permits: February 2017

    Canadian municipalities issued $7.5 billion worth of building permits in February, down 2.5 per cent from January, said Statistics Canada Thursday. Ontario and Alberta led the five provinces that reported declines in February. The national decrease was mainly the result of lower construction intentions for single-family dwellings and institutional structures. The value of residential building…

  • US Real House Prices, Price-to-Rent Ratio: Jan 2017

    The Case-Shiller US National Home Price Index rose at a seasonally adjusted annual growth rate of 7.9 per cent, slower than the 9.2 per cent increase in December, according to the S&P Dow Jones Indices Tuesday. In real terms, and as a price-to-rent ratio, [US house] prices are back to late 2003 / early 2004…

  • Residential Construction Investment, Canada: 4Q 2016

    In 4Q 2016, total investment in residential construction in Canada rose 5.6 per cent from the same quarter of 2015 to $31.4 billion, reflecting increased spending on every component except cottages, said Statistics Canada Thursday. Higher investment in single-family dwellings, up 11.5 per cent to $7.3 billion, accounted for nearly half of the increase at…

  • Building Materials Price Index, US: December 2016

    The price of softwood lumber rose by 2.3 per cent in December, while prices paid for ready-mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index release by the Bureau of Labor Statistics January 13. The 2.3 per cent increase in the softwood lumber price index is the largest monthly…