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US Residential Construction Spending: February 2016
Private residential construction spending reached the highest rate since November 2007, said the National Association of Home Builders Friday. US Private Residential Construction Spending: February 2016 NAHB analysis of Census Construction Spending data shows that total private residential construction spending for February increased to a seasonally adjusted annual rate of US$448 billion, up by 0.9…
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US Residential Construction Spending: February 2016
Private residential construction spending reached the highest rate since November 2007, said the National Association of Home Builders Friday. US Private Residential Construction Spending: February 2016 NAHB analysis of Census Construction Spending data shows that total private residential construction spending for February increased to a seasonally adjusted annual rate of US$448 billion, up by 0.9…
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Canada Investment in New Construction: Jan 2016
Investment in new residential building construction increased 3.9 per cent year over year to $3.7 billion in January, according to Statistics Canada Monday. Nationally, the increase was driven by higher spending on apartment and apartment-condominium buildings (+19.9 per cent) and row houses (+7.6 per cent) in January. Conversely, investment in single-family dwellings fell 4.0 per…
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US Housing Starts, Home Equity: January 2016
US housing starts for February 2016 were up 31 per cent, and — most important for softwood lumber manufacturers in Canada and the US — is US single-family starts are up 24 per cent, both compared to February 2015. Housing starts rose 5.2 per cent from a month earlier to a seasonally adjusted annual rate…
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US housing starts February 2016 up 31%; single-family starts up 24%, both compared to 2015
https://twitter.com/LumberNews @lumbernews US housing starts in February were 30.9% higher than in February a year ago, http://on.wsj.com/1UfE3us via @WSJ important for softwood lumber manufacturers in Canada & US is single-family starts up 24% compared to one year ago .