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SBCA sends out weekly Industry News updates to provide insight into general industry news and trends involving component manufacturers, suppliers, the economy, etc., which provides our readership a greater depth of industry knowledge, an enhanced ability to benchmark performance, and an aid in strategic planning. If you would like to submit an item to Industry News, please email the submission to staff. Thank you!

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Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home...

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In a typical year, there are about 5.2 million sales of existing homes nationally and home prices rise by about 4%.

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Design and manufacturing company Structural Truss is putting $28.5 million into a new Fort Macleod facility with 33 permanent and 12 temporary jobs...

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Mississippi State architecture students had a $30 budget to get materials to build a truss to span 72", no more than 14" tall, made primarily of wood.

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Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions, leading to flat...

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According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the third quarter of...

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Construction input prices decreased 1.2% in October due to declining inflation, according to a new Associated Builders and Contractors’ analysis of...

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Lowe’s, based in Mooresville, N.C., reported a decrease in third quarter revenue.

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The market continues to heat up slowly, with less production expected heading into the holiday season.

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According to the latest Producer Price Index report, the price level of inputs to residential construction less energy (i.e., building materials)...

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Over the first nine months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 693,908.

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Confidence in the market for new multifamily housing was in negative territory for the third quarter, according to results from the Multifamily...

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