Tag: NYSE: HOV

Sharply increased homebuilding activity is being supported by lean inventories, especially for previously owned homes. As true winter weather came on across the continent, total residential starts in the US for January 2021 fell by -6% to a 1.58 million annualized rate. Permits for future homebuilding soared again, this time by +10.4% to a rate…

In the first week of February sawmills were taking orders that would not even go on the production line until the beginning of March. This provides good indication that prices are not going to go down anytime soon. Confusion continued in many quarters as both suppliers and consumers of North America construction framing dimension softwood…

Madison’s Lumber Prices vs Softwood Lumber Production & Sawmill Capacity Utilization Rates Canadian and US softwood lumber production volumes and sawmill capacity utilization rates for October 2020 (provided by the Western Wood Products Association at wwpa.org ) against Madison’s Lumber Reporter‘s dimension softwood lumber prices.

For the week ending Feb 6, total U.S. weekly rail traffic was 495,815 carloads and intermodal units, up +2.2% compared with the same week last year. For the first five weeks of 2021, U.S. railroads reported cumulative volume of 1,156,696 carloads, down -2.2% from the same point last year; and 1,442,642 intermodal units, up +11%…

Zillow CEO Richard Barton on housing market today: ‘Homes are flying off the shelves’ Home prices in urban U.S. markets rose +15% in the three months through late January to US$315,000, slightly ahead of the annual pace in suburbia, according to data from brokerage Redfin Thursday, based on geographic designations developed by the Census Bureau.…