Economic

BMC Stock Holdings Inc.,  Atlanta, GA, reported sales sales increased 6 percent compared to adjusted sales in the third quarter of 2015.

84 Lumber closed on a new $350 million senior secured term loan B and refinanced its existing credit facility with a new $350 million asset-based revolving credit facility. 

Single-family housing inventory has been tight for many months, but in September it was down to “painfully low” levels—and it’s having an adverse effect on the housing market.

The Golden State would need to triple the pace of construction over the next decade to keep up with population growth, the report found, building 3.5 million homes by 2025.

The Redfin Housing Demand Indexincreased 13.3 percent from last month to a seasonally adjusted level of 105 in September. 

PulteGroup, Inc. announced on Thursday a net income of $128 million for its third quarter ended September 30, 2016.

Half of home buyers in the U.S. are under 36, meaning a new generation—Millennials—is shaping the future of real estate. 

A Housing Czar would replace the Secretary of Housing and Urban Development, empowered to govern housing policy and regulation in all respects.

The homeownership rate for immigrants (foreign-born U.S. residents) is slowly gaining ground against that of domestic-born residents.

Meritage Homes Corporation, a leading U.S. homebuilder, unveiled its LiVE.NOW.™ homes focused on the growing first-time buyer market.