Industry News

SBCA sends out weekly Industry News updates to provide insight into general industry news and trends to provide our readership a greater depth of industry knowledge on best practices and business management. If you would like to submit an item to Industry News, please email the submission to staff. Thank you!

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New single-family home sales declined in June due to rising mortgage rates and worsening affordability conditions.

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US LBM announced that Steve Short has been promoted to senior vice president of Supply Chain for the company. 

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National Association of Home Builders CEO Jerry Howard says we're heading into a housing recession and home builders are going to start holding off...

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New York City-based data consortium Dodge Construction Network revealed a new quarterly report on Tuesday morning that’s focused on the state of the...

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Continuing its fight to rein in stubbornly high inflation, the Federal Reserve yesterday hiked the federal funds rate by 75 basis points to an upper...

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After falling steadily for five quarters, the popularity of new homes rebounded in the second quarter of 2022, as 21% of prospective buyers reported...

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Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.V.) have announced an agreement to address health care and climate change,...

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The SBCA Open Quarterly Meeting (OQM) in Boston this week may have been the most well-attended in recent history. 

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The National Framers Council (NFC) is a signatory member of the Construction Industry Safety Coalition (CISC).

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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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The lumber market has taken some big hits from rising inflation and a slowdown in the housing market, with lumber prices down more than 40% in the...

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U.S. Sens. John Thune and Bob Menendez urged U.S. Department of Commerce Secretary Gina Raimondo and U.S. Trade Representative (USTR) Katherine Tai...

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