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US Construction Spending, House Prices, Home Builder Shares
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. National Associ- ation of Home Builders analysis of Census Construction Spending data released Wednesday shows that total private residential construction spending grew 0.5 per cent in January 2017 to a…
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Building Materials Price Index, US: December 2016
The price of softwood lumber rose by 2.3 per cent in December, while prices paid for ready-mix concrete, gypsum products, and OSB all fell, according to the latest Producer Price Index release by the Bureau of Labor Statistics January 13. The 2.3 per cent increase in the softwood lumber price index is the largest monthly…
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National Association of Home Builders: January 2017
The annual International Builders’ Show was held by the National Association of Home Builders in Orlando, FL, this week. US Housing Market: 2017 Forecast At the annual International Builders’ Show was held by the National Association of Home Builders in Orlando, FL, this week, attendees were told almost 50,000 apartments are being built in North…
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US New & Existing Home Sales, House Prices: Oct 2016
Both new and existing home sales gures for October were released in the US this week, showing signs of steady, if muted, improvement. US New Home Sales: October 2016 The US Census Bureau and Department of Housing and Urban Development in a joint release reported that newly constructed single family homes sold at a seasonally…
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US Home Sales, House Prices, Homeownership Rates
Markets in 162 of the approximately 340 metro areas across the US returned to or exceeded their last normal levels of economic and housing activity in 3Q 2016, ac- cording to the National Association of Home Builders/First American Leading Markets Index (LMI) released Tuesday.In 2017, sales of existing homes are forecast to grow roughly 2…
