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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…
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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…
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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…
