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Canada New Housing Price Index: May 2017
Toronto, ON, and Vancouver, BC, were largely responsible for a 0.7 per cent monthly rise in new house prices in Canada in May, said Statistics Canada Thursday. Toronto was the largest contributor to the national gain, rising 1.1 per cent from April to May. Builders linked higher prices to market conditions, a shortage of developed…
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US Construction Job Openings: April 2017
The count of unfilled jobs in the construction sector climbed in April, rising to the highest level since September of last year. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis released Monday, the number of open construction sector jobs stood at 203,000 in April. The cycle high was 238,000,…
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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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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…
