housing starts

Housing sales are up as are softwood lumber prices

VANCOUVER, BC -- After slowing down in the summer, sales of new US single-family homes rocketed up by +14%, while the median price of newly built houses increased by even more, compared to the previous month, according to Madison's Lumber Reporter There were 800,000 new U.S. homes sold in September, which is up +14% from a significantly downwardly-corrected 702,000 in August, and is down -18% from 971,000 in September 2020.

Housing starts gain to end the year

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced that privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,210,000.

Housing Starts Forecast to Remain Stable in 2014

Canada Mortgage and Housing Corporation (CMHC) expects total housing starts to be stable in 2014, as fundamentals, such as employment growth and migration, continue to support the Canadian housing market, according to CMHC’s fourth quarter 2013 Housing Market Outlook, Canada Edition.
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