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US Construction, Single Family
Due to the surge in multifamily development and the ongoing modest growth for single-family, there has been a noticeable shift in the market shares of housing units under construction, said the US National Associ- ation of Home Builders Thursday. The Census housing starts data illustrate a trend to more multifamily units in the production pipeline.…
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Residential Price Index, US Houses: October 2015
In addition to Case-Shiller, and CoreLogic, there is also FNC, Zillow, and sev- eral other house price indexes. FNC have released their October 2015 index data, reporting that their Residen- tial Price IndexTM (RPI) indicates that US residential property values decreased 0.1 per cent from September to October (Composite 100 index, not seasonally ad- justed).…
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US Housing Starts: November 2015
New-home construction in the US rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world’s largest economy. Housing starts climbed 10.5 per cent to a 1.17 million annualized rate, from a 1.06 million pace in October, figures from the Commerce Department…
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US Economy and Economic Indicators
This week new research was released on the current makeup of the US middle class, the continuing commodities price slump, other — more general — US eco- nomic indicators provide a somewhat less murky, if still muted, projection of the health of the US economy over the next year or two. Pew Research Center Analysis…
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US New and Existing Home Sales: October 2015
Census and HUD reported Wednesday new homes sales for October rebounded from their unexpected low in September to a level of 495,000 on an annual basis. This is a 10.7 per cent increase from the revised September, a 1.6 per cent increase from the 3Q average and a 15.7 per cent increase in year-to-date not…
