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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…
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Construction Employment, US
According to the US Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs for November, seasonally adjusted, rose to 145,000. The November level marks the 3rd highest total of unfilled jobs in construction during the post-recession period. Rising Number of Open Jobs in…
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Madison’s Weekly Lumber Prices Updated
Disinterested buyers and softening demand sent most dimension lumber and some panel products’ prices down slightly last week. The weak Canadian dollar brought motivated construction framing lumber sellers from Canada into US markets. Volumes sold were stable, if slightly down, over the end of last year. Canadian softwood lumber production, sales, and export VOLUMES January…
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Madison’s Weekly Lumber Prices Updated
Disinterested buyers and softening demand sent most dimension lumber and some panel products’ prices down slightly last week. The weak Canadian dollar brought motivated construction framing lumber sellers from Canada into US markets. Volumes sold were stable, if slightly down, over the end of last year. Canadian softwood lumber production, sales, and export VOLUMES January…
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US Housing Construction Spending Post Gains
The North American Association of Home Builders’ analysis of total private residential construction spending Census data finds that all three components increased in October. Single-family spending increased 1.8 per cent, multifamily spending increased 1 per cent, and home improvement spending increased 0.6 per cent from revised September estimates. Total private residential construction spending (all three…
