by Alix Langone | Jun 1, 2017 | Canada, Economy, Housing, International Trade, Jobs, Lumber, Newest
President Trump has proposed a tariff on Canadian softwood lumber, but American lumber is becoming more expensive as a result. The new timber tariff proposed by the president – an almost 20% tax on softwood lumber imported from Canada – may sound beneficial for...
by Alix Langone | Apr 18, 2017 | Economy, Housing, Millennials, Newest
Housing starts have been strong this year and the monthly housing starts report released by The Census Bureau Tuesday at 8:30am should be no exception. The Bloomberg consensus for March housing starts came in at seasonally adjusted annual rate of 1.25mln, down 3%...
by Alix Langone | Apr 12, 2017 | Economy, Housing, Luxury Rental Market, Millennials, Newest
VanderBorgh Realty has been in business for 11 years in New York City, but founder and President Nicholas VanderBorgh has never had multiple two bedroom listings languish on the market for months at a time – until now. “Even the low end of the high end is sitting on...
by Alix Langone | Mar 20, 2017 | Economy, Housing, Newest
Residential construction climbed in February as builders continue to be encouraged by the Trump administration’s promises of deregulation. But the administration’s anti-immigration actions have negative implications for the industry’s labor supply. “The lack of...
by Alix Langone | Feb 19, 2017 | Economy, Housing, Newest
Signaling optimism for the economy, housing starts were unexpectedly strong in January. Building permits led the way, suggesting future growth. Permits rose across the majority of the country, falling only in the West, a vital sign that builder confidence is up....
