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“Americans react to softwood lumber dispute”
The U.S. National Association of Home Builders says duties or volume caps on imported lumber will raise the price of lumber, adding more than $1,300 to the cost of a new single family home, according to Metroland Media Monday. “ “We feel strongly that Canada should have had a more aggressive stance early on in…
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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 Building Material Prices: October 2016
The latest Producer Price Index (PPI) release by the Bureau of Labor Statistics revealed that the prices for the building materials softwood lumber, OSB, gypsum products, and ready-mix concrete all fell during October. National Association of Home Builders’ Eye on Housing staffer David Logan takes a look at the declines for these materials, specifically pointing…
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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…
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US New Home Sales, Home Prices: Sept and Aug 2016
Newly constructed single family homes sold at a seasonally adjusted annual pace of 593 thousand in September, up 3.1 per cent from a downwardly revised August gure, and up 29.8 per cent from September 2015. US National Home Price Index: August 2016 The Case-Shiller National Home Price Index, released by S&P Dow Jones Indices, rose…
