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US House Prices, Sales: January and February 2017
House prices in the United States remained flat in January, the first time in more than three years that they have not climbed, according to the Federal Housing Finance Agency monthly House Price Index Friday. As well, new US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was…
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US Condominium Absorptions: 3Q 2016
In 3Q 2016, condominium completions in the US rose considerably to 6,100, which is 2,800 units more than 2Q 2016 and 1,800 higher than completions in 3Q 2015, said the US Census Bureau, in collaboration with the US Department of Housing and Urban Development Tuesday. The condominium absorption rate also posted an increase to 74…
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US Construction Spending: January 2017
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. NAHB analysis of Census Construction Spending data, released March 1, shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate…
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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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Residential Construction Investment, Canada: 4Q 2016
In 4Q 2016, total investment in residential construction in Canada rose 5.6 per cent from the same quarter of 2015 to $31.4 billion, reflecting increased spending on every component except cottages, said Statistics Canada Thursday. Higher investment in single-family dwellings, up 11.5 per cent to $7.3 billion, accounted for nearly half of the increase at…
