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US Home Builders Coalition Formed
The National Association of Home Builders (NAHB) announced this week it has formed an alliance as to provide the American consumers with a stable and reliable supply of lumber and building materials, once the Softwood Lumber Agreement expired in October 2015. In addition to the NAHB, founder members of the American Alliance of Lumber Consumers…
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US Home Builders Coalition Formed
The National Association of Home Builders (NAHB) announced this week it has formed an alliance as to provide the American consumers with a stable and reliable supply of lumber and building materials, once the Softwood Lumber Agreement expired in October 2015. In addition to the NAHB, founder members of the American Alliance of Lumber Consumers…
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US Home Sales, Economy: January 2016
As existing home sales in the US weakened due to limited inventory, home building-related activity improved in February, albeit modestly, said the National Association of Home Builders Eye on Housing Thursday. Builder sentiment, as measured by the NAHB/Wells Fargo Housing Market Index stands at a level of 58 as of March, consistent with a generally…
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US housing starts February 2016 up 31%; single-family starts up 24%, both compared to 2015
https://twitter.com/LumberNews @lumbernews US housing starts in February were 30.9% higher than in February a year ago, http://on.wsj.com/1UfE3us via @WSJ important for softwood lumber manufacturers in Canada & US is single-family starts up 24% compared to one year ago .
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Price-to-Rent Ratio, US: Year-over-Year 2015
The Case-Shiller National House Price Index increased 5.4 per cent year-over-year in December said the agency Tuesday. The year-over-year increase in prices is mostly moving sideways now around 5 per cent. In December 2015, the index was up 5.4 per cent. It has been almost ten years since the bubble peak. In the Case-Shiller release,…