Canadian Housing Starts Drop in October
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in October was 267,055 units, 11% lower than in September. The SAAR of urban starts also fell 11% from September to 245,234. Multiple urban starts declined 13% to 188,189 and single-family levels dipped 4% from September to 57,045. The trend in housing starts
September Canadian Construction Investment Dips
Canadian building construction investment in September was down 0.6% from August to $20.9 billion (CAD). Residential construction spending declined 1.3% to $15.4 billion from August, while non-residential totals were 1.6% higher in September at $5.4 billion. Seasonally adjusted single-family construction spending decreased 1.3% from August to $8.5 billion, and multi-unit levels fell 1.4% to $7.0
Update on WIRC Promotion of Wood Industry Employment
The Wood Industry Resource Collaborative (WIRC) was formed late in 2020 with the goal of promoting employment opportunities in the wood manufacturing sector. CPA is among a group of twelve wood-related associations sponsoring this endeavor. WIRC has developed a multi-faceted media campaign utilizing numerous tools, including a website and social media channels. Over 56,000,000 impressions
Save the Dates: CPA’s 2023 Meetings
CPA’s Spring Meeting will be held from April 16 through April 19 at the Westin La Paloma Resort & Spa, a AAA Four-Diamond hotel in the middle of the Sonoran Desert in Tucson, Arizona. Registration is anticipated to open in January. The Fall Meeting will be at the Lansdowne Resort in Leesburg, Virginia, from October
Apartment Conversions on the Rise
Adaptive reuse apartments increased 25% in the US, representing 28,000 new rentals in 2020-2021, up from the 22,300 available in 2018-2019. In contrast, new apartment construction grew by 10% over the same period. Office building to apartment conversions remained the primary source, resulting in 11,000 apartments becoming available over the last two years, 40% of
RV Industry Stabilizing
With higher interest rates and a softening economic outlook, year-to-date RV shipments are down 8.2% compared to last year’s record-breaking total. The RV Industry Association predicts almost 500,000 units will be shipped by year-end and 419,000 units in 2023, a 16% drop from the forecasted 2022 shipments. See RV Industry Association
Canadian Housing Starts Drop in October
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in October was 267,055 units, 11% lower than in September. The SAAR of urban starts also fell 11% from September to 245,234. Multiple urban starts declined 13% to 188,189 and single-family levels dipped 4% from September to 57,045. The trend in housing starts
September Canadian Construction Investment Dips
Canadian building construction investment in September was down 0.6% from August to $20.9 billion (CAD). Residential construction spending declined 1.3% to $15.4 billion from August, while non-residential totals were 1.6% higher in September at $5.4 billion. Seasonally adjusted single-family construction spending decreased 1.3% from August to $8.5 billion, and multi-unit levels fell 1.4% to $7.0
Update on WIRC Promotion of Wood Industry Employment
The Wood Industry Resource Collaborative (WIRC) was formed late in 2020 with the goal of promoting employment opportunities in the wood manufacturing sector. CPA is among a group of twelve wood-related associations sponsoring this endeavor. WIRC has developed a multi-faceted media campaign utilizing numerous tools, including a website and social media channels. Over 56,000,000 impressions
Save the Dates: CPA’s 2023 Meetings
CPA’s Spring Meeting will be held from April 16 through April 19 at the Westin La Paloma Resort & Spa, a AAA Four-Diamond hotel in the middle of the Sonoran Desert in Tucson, Arizona. Registration is anticipated to open in January. The Fall Meeting will be at the Lansdowne Resort in Leesburg, Virginia, from October
Apartment Conversions on the Rise
Adaptive reuse apartments increased 25% in the US, representing 28,000 new rentals in 2020-2021, up from the 22,300 available in 2018-2019. In contrast, new apartment construction grew by 10% over the same period. Office building to apartment conversions remained the primary source, resulting in 11,000 apartments becoming available over the last two years, 40% of
RV Industry Stabilizing
With higher interest rates and a softening economic outlook, year-to-date RV shipments are down 8.2% compared to last year’s record-breaking total. The RV Industry Association predicts almost 500,000 units will be shipped by year-end and 419,000 units in 2023, a 16% drop from the forecasted 2022 shipments. See RV Industry Association
