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US New Home Sales, Home Prices: Sept and Aug 2016
Newly constructed single family homes sold at a seasonally adjusted annual pace of 593 thousand in September, up 3.1 per cent from a downwardly revised August gure, and up 29.8 per cent from September 2015. US National Home Price Index: August 2016 The Case-Shiller National Home Price Index, released by S&P Dow Jones Indices, rose…
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US Apartment Stocks, Rental Rates: Sept & 3Q 2016
The US National Multifamily Housing Council released its Apartment Markets Retreat in the October NMHC Quarterly Survey, said Calculated Risk Thursday. The Market Tightness Index fell to 28, the lowest since July 2009 and the fourth quarter in a row showing declining conditions. Meanwhile, the stabilization of the vacancy rate, which has been falling for…
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Canada/US Softwood Lumber Negotiations Update
Last week Madison’s was contacted by representatives at the US Lumber Coalition, for their update on negotiations between the US Trade Department and Global Affairs Canada about the now-expired Softwood Lumber Agreement. “Our goal is to have market share negotiated, implemented using border measures,” detailed US Coalition reps. “A quota is our answer. The 2006…
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Canada/US Softwood Lumber Negotiations Update
Last week Madison’s was contacted by representatives at the US Lumber Coalition, for their update on negotiations between the US Trade Department and Global Affairs Canada about the now-expired Softwood Lumber Agreement. “Our goal is to have market share negotiated, implemented using border measures,” detailed US Coalition reps. “A quota is our answer. The 2006…
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North America Commodity Softwood Lumber Price Comparison
As Madison’s is preparing the next issue of our quarterly Forest Pulse, this seems like a good time to update readers on a ten-year price trend comparison of several of the most commonly-traded softwood lumber commodity prices. Three Main 2×4 Construction Framing Dimension Lumber Prices: 10 Years Benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr Prices Ten…
