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US Construction: March 2016
Construction input prices rose on a monthly basis in March for the rst time in nine months according to an Associated Builders and Contractors (ABC) analysis of the Bureau of Labor Statistics (BLS) Producer Price Index. Input prices expanded 0.9 per cent on a monthly basis in March but are still down 3.4 per cent…
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US Home Builders Coalition Formed
The National Association of Home Builders (NAHB) announced this week it has formed an alliance as to provide the American consumers with a stable and reliable supply of lumber and building materials, once the Softwood Lumber Agreement expired in October 2015. In addition to the NAHB, founder members of the American Alliance of Lumber Consumers…
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US Home Builders Coalition Formed
The National Association of Home Builders (NAHB) announced this week it has formed an alliance as to provide the American consumers with a stable and reliable supply of lumber and building materials, once the Softwood Lumber Agreement expired in October 2015. In addition to the NAHB, founder members of the American Alliance of Lumber Consumers…
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US Home Sales, Economy: January 2016
As existing home sales in the US weakened due to limited inventory, home building-related activity improved in February, albeit modestly, said the National Association of Home Builders Eye on Housing Thursday. Builder sentiment, as measured by the NAHB/Wells Fargo Housing Market Index stands at a level of 58 as of March, consistent with a generally…
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US Housing Starts, Home Equity: January 2016
US housing starts for February 2016 were up 31 per cent, and — most important for softwood lumber manufacturers in Canada and the US — is US single-family starts are up 24 per cent, both compared to February 2015. Housing starts rose 5.2 per cent from a month earlier to a seasonally adjusted annual rate…
