-
US New and Pending Homes Sales: January 2015
The US Commerce Department said Wednesday that sales of new homes in January dipped 0.2 per cent to 481,000 units. The January 2015 pace of new home sales in the US, released by the Census Department Wednesday, was 5.3 per cent higher than the sales rate recorded in January 2014. Total inventory was 218,000, seasonally…
-
US Housing Starts: January 2015
Construction starts on new homes in the US fell 2 per cent in January, data released Wednesday by the US Commerce Department shows. Housing starts dropped to a seasonally adjusted, annual rate of 1.065 million, below December’s downwardly revised estimate of 1.087 million. Still, last month’s rate was 18.7 per cent above the 897,000 annual…
-
Home Building, Canada and US
In a shiny fresh new year, home building activity in Canada and the US continues along the waffly path each experienced in 2014. Curiosity about where home building will be through this year abounds. Much of the growth in multi-residential starts came from a jump in construction of rental apartments in Edmonton, which hit a…
-
US Construction Spending, House Prices
Total private residential spending in the US increased 0.3 per cent from the revised November estimate to a seasonally adjusted annual rate of US$349.6 billion, said the National Association of Home Builders Monday. The December month-over-month increase was driven by a 1.2 per cent increase in the single-family component of private residential construction. CoreLogic Tuesday…
-
US Existing, New, & Pending Home Sales, Inventories
Completing an improved second half of 2014, existing home sales in the US increased 2.4 per cent in December, said the National Association of Realtors Monday. Existing home sales exceeded a 5 million sales pace for the sixth time in the past seven months, and were 3.5 per cent above the same period a year…
