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Building Materials Price Index: February 2017
The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index release by the Bureau of Labor Statistics, out Tuesday. The increases were led by gypsum products, with softwood lumber a close second. After decreasing in four of five months, the price of softwood lumber…
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US Apartment Stocks, Rental Rates: Sept & 3Q 2016
The US National Multifamily Housing Council released its Apartment Markets Retreat in the October NMHC Quarterly Survey, said Calculated Risk Thursday. The Market Tightness Index fell to 28, the lowest since July 2009 and the fourth quarter in a row showing declining conditions. Meanwhile, the stabilization of the vacancy rate, which has been falling for…
