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US Real Estate Update
The data also shows that total housing inventory at the end of December dropped 12.3 per cent to 1.79 million existing homes available for sale, and is now 3.8 per cent lower than a year ago. Unsold inventory is at a 3.9 month supply at the current sales pace, down from 5.1 months in November…
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Canada Construction Materials Costs: Nov 2015
Similar to the US, the price advances of many materials and building products going into the construction process in Canada remain restrained in November 2015, said Alex Carrick of Daily Commercial News Friday. The 0.3 per cent increase year-over-year for total construction costs does, how- ever, incorporate considerable variation at the type-of-structure sub-category level. Softwood…
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Canada Construction Materials Costs: Nov 2015
Similar to the US, the price advances of many materials and building products going into the construction process in Canada remain restrained in November 2015, said Alex Carrick of Daily Commercial News Friday. The 0.3 per cent increase year-over-year for total construction costs does, how- ever, incorporate considerable variation at the type-of-structure sub-category level. Softwood…
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Canada Investment in Construction: 4Q and Nov 2015
Investment in Canadian non-residential building construction reached $12.6 billion in 4Q, down 1.7 per cent from the previous quarter, according to Statistics Canada Monday. Investment in Canadian residential construction rose 2.2 per cent to $4.3 billion in November compared with the same month in 2014, said StatsCan Thursday. Higher construction spending on apartment and apartment-condominium…
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Canada Investment in Construction: 4Q and Nov 2015
Investment in Canadian non-residential building construction reached $12.6 billion in 4Q, down 1.7 per cent from the previous quarter, according to Statistics Canada Monday. Investment in Canadian residential construction rose 2.2 per cent to $4.3 billion in November compared with the same month in 2014, said StatsCan Thursday. Higher construction spending on apartment and apartment-condominium…
