National Association of Home Builders CEO Jerry Howard warned on "Varney & Co." Monday of "a tough time" ahead for the industry as data revealed the...
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There is No Slowing Down at BCMC 2022 in Columbus, Ohio, this fall! Early Bird registration is now open and you don’t want to miss this year’s...
Read PostUFP Industries (UFPI) reported second quarter sales increased 7% to $2.9 billion from second quarter 2021 sales of $2.7 billion.
Read PostIncreased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family...
Read PostThe 2021 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 8.2 months,...
Read PostPrivate equity firm Building Industry Partners (BIP), has launched a new lumber and building materials platform, West Coast Lumber.
Read PostConstruction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of...
Read PostSince the relatively low point at the onset of the pandemic on April 17, 2020, lumber prices have been volatile, with record setting spikes...
Read PostMortgage rates are on the rise; the average interest rate on a 30-year fixed mortgage is just over 5.5%, according to Freddie Mac.
Read PostSo far this year has been nothing but wall-to-wall angst: runaway inflation, stock market staggering, recession around the corner, gridlocked supply...
Read PostBuyers continue to purchase lumber as needed, but order files appear to be getting farther out as wildfire and hurricane seasons begin.
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