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Value of Canada's building permits fell 11.7% to C$10.5B in March, with Ontario contributing the most to the decline in value of single and multi-family dwelling permits; value of residential building permits decreased 8.3% to C$6.5B: Statistics Canada

Zacks: Installed Building Products' Q1 earnings and sales top estimates and improved year-over-year, as customers show strong commitment to building single-family homes; long-term prospects in both residential and commercial end markets remain promising

Commentary: Canada building 6 million new homes by 2030 to achieve housing affordability seems increasingly unlikely, but goal is more reachable if both new and existing homes add accessory dwelling units to accommodate more households in fewer structures

RBC: APA North American structural panel report shows Q1 production down 0.8% year-over-year, but up 3.3% quarter-over-quarter; housing activity has remained resilient with single-family starts above 1 million units for five consecutive months

Median US monthly housing payment reached a record high of US$2,894 during the four-week period ending May 5, an increase of 14.1% year-over-year; median home sale price was US$384,721, up 4.5% year-over-year: Redfin

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