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US Existing Home Sales, Prices: August 2015
Existing home sales tumbled 4.8 per cent in August to a 5.31 million seasonally adjusted annual rate, the National Association of Realtors said Monday, the steepest month-to-month decline since January, when they fell 4.9 per cent. Existing Home Sales, US Behind the decline in existing home sales were particularly big drops in the West and…
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US Architecture Billings Index: July 2015
The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types, the American Institute of Architects (AIA) said Wednesday. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The AIA…
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US Home Sales, July
A forward-looking gauge of US home purchases slipped in June, after hitting its highest level in more than nine years in May, the National Association of Realtors said last month. A separate report from the industry group showed sales of previously owned homes increased 3.2 per cent in June to a seasonally adjusted annual rate…
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US Leading Economic Index: July 2015
The index of US leading economic indicators unexpectedly declined in July, depressed by a slump in building permits that mainly reflected a proposed change in a New York tax credit. The Conference Board’s gauge, a measure of the outlook for the next three to six months, decreased 0.2 per cent after rising 0.6 per cent…
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US Construction Spending: June 2015
The US National Association of Home Builders’ Census Construction Spending analysis shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of US$378 billion. Construction Spending, US On a month-over-month basis, private multifamily spending increased to US$52 billion, up by 2.82 per cent over the revised May estimate, while…
