-
US Residential Construction Spending: February 2016
Private residential construction spending reached the highest rate since November 2007, said the National Association of Home Builders Friday. US Private Residential Construction Spending: February 2016 NAHB analysis of Census Construction Spending data shows that total private residential construction spending for February increased to a seasonally adjusted annual rate of US$448 billion, up by 0.9…
-
Canada Investment in New Construction: Jan 2016
Investment in new residential building construction increased 3.9 per cent year over year to $3.7 billion in January, according to Statistics Canada Monday. Nationally, the increase was driven by higher spending on apartment and apartment-condominium buildings (+19.9 per cent) and row houses (+7.6 per cent) in January. Conversely, investment in single-family dwellings fell 4.0 per…
-
2015 US Construction Starts Snapshot: CMD
Total construction starts in the US grew by 3.7 per cent in 2015 to reach US$527 billion, a slowdown from the 7.4 per cent growth posted in 2014 said a new report by Construction Market Data Group, published February 5. US 2015 Construction Starts Snapshot: CMD by ABBY SAMP, OXFORD ECONOMICS, for Daily Commercial News…
-
Canada Construction Materials Costs: Nov 2015
Similar to the US, the price advances of many materials and building products going into the construction process in Canada remain restrained in November 2015, said Alex Carrick of Daily Commercial News Friday. The 0.3 per cent increase year-over-year for total construction costs does, how- ever, incorporate considerable variation at the type-of-structure sub-category level. Softwood…
-
Canada Construction Materials Costs: Nov 2015
Similar to the US, the price advances of many materials and building products going into the construction process in Canada remain restrained in November 2015, said Alex Carrick of Daily Commercial News Friday. The 0.3 per cent increase year-over-year for total construction costs does, how- ever, incorporate considerable variation at the type-of-structure sub-category level. Softwood…