Date posted
Jul
26
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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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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View the digital edition of SBCA Magazine's 2024 March/April issue.
Date posted
Jul
26
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...
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Date posted
Jul
26
UFP Industries (UFPI) reported second quarter sales increased 7% to $2.9 billion from second quarter 2021 sales of $2.7 billion.
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Date posted
Jul
26
Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family...
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Date posted
Jul
26
The 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,...
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Date posted
Jul
26
Lumber prices have been on a roller-coaster ride over the past two years and reached to an all-time high price of $1,515 per thousand board feed in...
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Date posted
Jul
26
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged...
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Date posted
Jul
19
Since the relatively low point at the onset of the pandemic on April 17, 2020, lumber prices have been volatile, with record setting spikes...
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Date posted
Jul
19
Mortgage rates are on the rise; the average interest rate on a 30-year fixed mortgage is just over 5.5%, according to Freddie Mac.
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Date posted
Jul
19
So far this year has been nothing but wall-to-wall angst: runaway inflation, stock market staggering, recession around the corner, gridlocked supply...
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Date posted
Jul
19
Buyers 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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