-
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…
-
US Mortgage Foreclosures Lowest Since 2006
The number of US properties in the process of being foreclosed upon dropped last year to its lowest level since 2006, real estate data firm RealtyTrac said Thursday. In total, 1,117,426 properties were at some stage of foreclosure proceedings in 2014, down 18 per cent from 2013 and off 61 per cent from the peak…
-
US New Home Sales
Sales of new US single-family homes rose to a six-year high in September, but a sharp downward revision to August’s sales pace indicated the housing recovery remains tentative. The Commerce Department said on Friday that sales increased 0.2 per cent to a seasonally adjusted annual rate of 467,000 units, the highest reading since July 2008.…
-
Existing Home Sales, US
US home resales raced to a one-year high in September. The National Association of Realtors said Tuesday existing home sales increased 2.4 per cent to an annual rate of 5.17 million units, the strongest reading since September of last year. US Existing Home Sales While home sales picked up last month, first-time buyers, a critical…
-
Housing Starts, US
US home building rebounded in September on the strength of apartment construction, a category that provides less of an economic boost than single-family homes. Housing starts rose 6.3 per cent in September from a month earlier to a seasonally adjusted annual rate of 1.017 million units, the Commerce Department said Friday. Building permits increased 1.5…
