Archive for July, 2011
Outlook positive for stronger commercial construction heading into 2012
Despite the recent pattern of subpar growth in the United States, persisting uncertainty about the impact of the European sovereign debt crisis on global financial markets and the impact of supply chain disruptions mid way through the year, the outlook for the Canadian economy in general, and for commercial construction in particular, remains positive.
Housing Starts Up In June, But Existing Home Market Shows No Improvement
The new home market strengthened in June back to the level of starts reached during the homebuyer tax credit. Without any government buyer subsidies, this is the strongest new home market since 2008. However, most of the June gain was for multi family starts, primarily apartments
Green Alternatives for Concrete
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Green Alternatives for Concrete
Some relief from gloomy U.S. housing news in June and “knock on” effects in Canada
It may be just a blip in the curve, but U.S. housing starts in June were more upbeat than at any time since January 2011, on a seasonally adjusted and annualized basis, according to the latest government statistics.
Construction Materials Price Index Falls 0.1% in June
Construction materials price inflation fell 0.1% in June after eleven consecutive monthly increases totaling 8.7%.
