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Lumber Market and Housing News from Cofer/Adams Building Center

Thursday, July 2, 2009

Pending home sales inch up in U.S., South

New figures from the National Association of Realtors show its Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 in April. That reading is 6.7 percent higher than in May 2008 when it was 85.
Posted by Reid Adams at 6:04 AM No comments:
Labels: building supply, coferadams.com, Housing Recovery, http://www.coferadams.net, lumber, pending home sales, Reid Adams, Residential Building Materials, time to buy

Tuesday, June 30, 2009

Home-Price Declines in 20 U.S. Cities Eased in April

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Posted by Reid Adams at 9:25 AM No comments:
Labels: building supply, Cofer Adams, coferadams.com, Housing Recovery, lumber, Reid Adams, Residential Building Materials, time to buy

Wednesday, June 17, 2009

Housing flashes signs recession may be ending

Fresh signs that the economy is stabilizing — though at very low levels — emerged Tuesday in reports that home construction rose more than expected last month
Posted by Reid Adams at 11:05 AM No comments:
Labels: building supply, Cofer Adams, coferadams.com, Housing Recovery, lumber, Reid Adams, Residential Building Materials, time to buy

Wednesday, May 27, 2009

Home prices fall at record pace in first quarter

National home prices are at levels not seen since the end of 2002, but a closer look at data released Tuesday shows the worst may be over for some cities.
Posted by Reid Adams at 6:13 AM No comments:
Labels: building materials, building supply, Cofer Adams, coferadams.com, construction materials, housing, Housing Recovery, Residential Building Materials, time to buy

Tuesday, May 19, 2009

U.S. Housing Starts Drop to Record-Low 458,000 Pace

May 19 (Bloomberg) -- Builders broke ground on the fewest homes on record in April as a plunge in work on condominiums and apartment buildings overwhelmed the second straight gain in starts on single-family properties.
Posted by Reid Adams at 9:54 AM No comments:
Labels: building supply, Cofer Adams, coferadams.com, construction materials, Housing Recovery, Residential Building Materials, Residential Construction

U.S. Homebuilder Confidence Rises to Eight-Month High

May 18 (Bloomberg) -- Confidence among U.S. homebuilders in May increased to the highest level since September, providing further evidence that the housing slump that started in 2006 may be closer to a floor.
Posted by Reid Adams at 9:51 AM No comments:
Labels: building supply, Cofer Adams, coferadams.com, construction, Housing Recovery, lumber, Residential Building Materials, Residential Construction, time to buy

Friday, May 8, 2009

U.S. Pending Home Resales Increase for a Second Month

May 4 (Bloomberg) -- The number of Americans signing contracts to buy previously owned homes jumped in March for the first back-to-back gain in almost a year, reinforcing signs that the housing slump in its fourth year may be near a bottom.
Posted by Reid Adams at 7:15 PM No comments:
Labels: building materials, building supply, Cofer Adams, coferadams.com, construction materials, housing, Housing Recovery, Residential Building Materials, Residential Construction, time to buy
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About Me

Reid Adams
Lawrenceville, Georgia, United States
Visit our website at http://www.coferadams.com or http://www.coferadams.net
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