-
Canada Residential Construction Index: 3Q 2015
The total value of investment in residential construction rose 3.3 per cent to $31.9 billion in the third quarter compared with the same quarter a year earlier, said Statistics Canada Thursday. This marked the seventh consecutive year-over-year quarterly growth. Investment in apartment and apartment-condominium building construction (up 21.5 per cent to $4.7 billion), acquisition costs…
-
US Construction Employment: September 2015
The count of construction job openings declined in September as hiring in the home building sector remained slow. The average monthly employment gain for builders and remodelers has been approximately 4,700 over the last six months. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction…
-
US Construction Spending: September 2015
National Association of Home Builders analysis of Census construction spending data showed Wednesday that total US private residential construction spending for September increased, rising to a seasonally adjusted annual rate of US$395 billion. On a month-over-month basis, private single-family spending was US$222 billion, up by 1.3 per cent over the revised August estimate. Private multifamily…
-
North America Infrastructure Building
A $70 million commercial wharf being billed as a gateway for goods and products in and out of northern BC, the Yukon, and northern Alberta was officially opened September 17, according to the Terrace Standard. Located in Stewart, the Stewart World Port offers shippers a day and a half closer shipping time to and from…
-
US New Home Sales, Prices: August 2015
Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into autumn. Sales of new, single-family homes rose by 5.7 per cent to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. US New Home Sales New- home sales account…
