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Renting in USA: New Reality
A total of 43 million Americans were renters in 2016, and of that number 47.7 per cent were cost-burdened, meaning these consumers spend more than 30 per cent of their income on housing, a threshold long used by the federal government to identify “rent-burdened” households, according to the US Census Bureau’s 2015 American Community Survey.…
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North American Sawmill Capacity Utilization and Lumber Production: June 2017
Rates of production as percent of practical capacity for North American sawmills for June 2017 rose from May to 85% in the US, compared to 86% the previous year and 86% for full year 2016, said the latest issue of the Western Wood Products Association Lumber Track Monday. Capacity utilization of sawmills in Canada for…
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US House Price Index and Pending Home Sales: June 2017
The Case-Shiller US National Home Price Index, reported by S&P Dow Jones Indices Tuesday, rose at a seasonally adjusted annual growth rate of 4.4 per cent in June, faster than the 3.2 per cent in April and the 3.7 per cent in May. US HOUSE PRICE INDEX AND PENDING HOME SALES: JUNE 2017 The Case-Shiller…
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US New and Existing Home Sales, Prices, Inventory: July 2017
According to the US Census Bureau and the US Department of Housing and Urban Development Wednesday, sales of new single-family homes in the US fell 9.4 per cent over the month of July to a seasonally adjusted annual rate of 571,000. Despite the declines, sales over the first seven months of 2017 are 9.2 per…
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US Home Equity for New Small Businesses
Equity in a home was used as a source of capital to start 284,618 businesses in the US—7.3 per cent of all businesses—according to a new source of data released August 10 by the US Census Bureau. The new data source is the Annual Survey of Entrepreneurs, which collects economic and demographic information on businesses…
