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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FrameTec, a manufacturer and framing services company, announced it has commenced construction of its roof and floor truss and wall panel...

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Private residential construction spending declined 0.3% in October, as spending on single-family construction dropped 2.6%.

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Housing starts will likely see a double-digit decrease in 2023, according to the latest forecast from National Association Home Builders (NAHB)...

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Mortgage interest rates have stabilized in recent weeks, as the bond market deals with the expectation of tighter monetary policy from the Federal...

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Residential construction loan volume reached a post-Great Recession high during the third quarter of 2022, as home building activity and new home...

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Despite the fantastic profits these past few years, some of the largest wood truss component manufacturers (CM) are losing tens of millions of...

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New home sales rebounded in October despite higher mortgage rates, likely due to low existing home inventory and builders using incentives to...

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Lowe’s delivered a strong fiscal third quarter with increased penetration into the pro market.

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Buyers and sellers are both stepping away as skyrocketing mortgage rates have settled the housing market into a more balanced state, according to...

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An expected impact of the virus crisis was a need for more residential space, as people use homes for more purposes including work.

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The U.S. will probably “narrowly avoid recession,” Goldman Sachs said, predicting a smooth easing in the tight labor market and noting both an...

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The National Lumber and Building Material Dealers Association has put out a call to membership for the Affordable Housing Credit Improvement Act.

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