VANCOUVER, BC, Aug. 18, 2021 / PRNewswire / – The USO On July 26, the Census Bureau and the U. S. Department of Housing and Urban Development will be a U. S. Representative from The United States. U. S. They published information on new home sales and space prices. Genuine real estate activity and are a leading indicator of the genuine real estate market because they are recorded when contracts are signed.

Continuing the declines noted in May, sales of new single-family homes in the United States fell in June as the median value of new homes softened a bit, but remained at the top level of recent months and last year. There were 676,000 new homes on the market in June, -6. 6% from 724,000 in May. At the speed of sales in June, it would take 6. 3 months to liquidate the source of the houses on the market, to 5. 1 months in May and 4. 6 months in April.

After reaching a HIGH record of US$374,400 in May, the average value of the promotion moderated to US$361,800. The source of housing has lagged behind in demand, as developers are limited by higher wood values and shortages of other structural materials, appliances, soil and labor. The proportion of homes sold in July, either under structure or under structure, was 77%, up from an incredible 76% in June.

With respect to the lumber market, the latest downward move in the costs of softwood lumber and structurally sized panels has been enough to motivate reluctant consumers to resume shopping in the past. wood source areas, uncertainty rises about the progress of the rest of the summer of 2021.

After touching precisely the value of a year ago, in the week ending July 23, 2021, the wholesale value of the softwood lumber reference item S-P-F KD 2 × 4 Western n. ° 2

Compared to the same week last year when it cost $590, this week’s value of the western softwood lumber reference product S-P-F KD 2 × 4 #2

Encouraging activity in the U. S. single-family home structure maintained the momentum of lumber sales, even as sales volumes were declining. It is possible that the market will simply rush. The appetite for wood remains strong, it is only that consumers have collectively doubted those unprecedented highs of two months ago. Do you prefer to wait for the values to fall more?

The backlogs of assignment developers waiting for structure remain high and imply that the residential structure will remain a company in the coming months and contribute to economic growth.

Dimension of the reference price for softwood lumber: JULY 2021