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House Prices, US
Home prices in 20 US cities rose at a slower pace in the year ended in March as the housing market began to weaken at the start of 2014. The S&P/Case-Shiller index of property values increased 12.4 percent from March 2013, the smallest 12-month gain since July, after rising 12.9 percent in the year…
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US Building Season 2014
The inside word with forest product industry players this year is that hot US remodelling and DIY activity, as well as continued stable demand for industrials, are keeping North American lumber supplies lean. Many agree that — barring an extreme circumstance — lumber manufacturing volumes have stabilized and solid wood prices have found a floor.…
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US Home Asking Prices
Asking prices for US homes were up 10 per cent year-over-year in March, said Trulia Thursday. Despite declining investor purchases and more inventory coming onto the market, asking home prices continued to rise at the start of the spring housing season. Month-over-month, asking prices rose 1.2 per cent nationally in March 2014, seasonally adjusted. Quarter-over-quarter,…
