Industry News

- Industry News

Sales of existing homes fell 3.0 percent in September to a 4.9 million-unit pace from an upwardly revised 5.06 million-unit pace in August. Contract cancelations remained exceptionally high at 18 percent.

- Industry News

On balance, the outlook remains for moderate economic growth with the accompanying three problems of housing, employment and government restructuring.

- Industry News

Champion Home Builders joins forces with California-based USModular to offer turnkey solutions to developers of multifamily projects.

- Industry News

Finnforest is planning production curtailments at sawmills belonging to its wood products industry division due to deteriorating sales opportunities on the domestic and foreign softwood lumber markets.

- Industry News

The producer price index (PPI) for finished goods increased 0.5%, not seasonally adjusted (0.8%, seasonally adjusted) in September and 6.9% over 12 months, the Bureau of Labor Statistics reported on Tuesday.

- Industry News

A 15% increase--sequentially--for total housing starts amounts to headline eclat and a Wall Street equities market shot in the arm, as starts beat expectations by better than 11%.

- Industry News

September housing starts were up 15% but the increase was almost entirely within the multifamily sector. This article includes a breakdown of the September housing start data.

- Industry News

Net loss at Builders FirstSource (BFS) improved to $11.6 million during the third quarter from a $20.5 million loss during the same period last year.

- Industry News

Agriculture Secretary Tom Vilsack has urged U.S. builders to prioritize wood in green buildings. He made the recommendation after the Forest Service concluded in a new report that using wood in building products yields fewer greenhouse gases than using common materials. 

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