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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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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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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Over the first five months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 473,997.

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Private equity firm Building Industry Partners (BIP), has launched a new lumber and building materials platform, West Coast Lumber.

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Construction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of...

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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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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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Young professionals represent the future of the building industry.

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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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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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