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Canada Housing Starts
The pace of Canadian housing starts slowed in January with a steep drop in multiple-unit homes, an indication builders are adjusting to a slowdown in buyers, according to Canada Mortgage and Housing Corporation (CMHC) Monday. The agency estimates there were 11,737 actual housing starts in January and that is extrapolated to a seasonally adjusted annual…
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National Association of Home Builders’ Convention
The data looks very good for all types of US housing starts in 2014 and beyond, according to economists from the National Association of Home Builders (NAHB) Wednesday. The association is forecasting 1.15 million total housing starts in 2014, up 24.5 per cent from last year’s total of 928,000 units. Single-family production is projected to…
