Industry News

New home sales have turned the corner, but the extent of the improvement is likely exaggerated. The smaller falloff in sales this winter sets the stage for a smaller-than-usual spring pick up.

More regions joined the economic recovery during 2011, as the drags from the Great Recession subsided somewhat. The West Coast, in particular, saw economic activity improve.

 Even with the somewhat better housing data this week, concerns remain about the backlog of foreclosures and their effect on the market.

If you have ever wondered how much single-family builders are earning these days or how much profit is considered “average” in the industry, then a recently published NAHB study will help provide answers.

Wednesday brought further evidence that housing has climbed out of the sub-basement. But it’s a long way from heading up the stairs to expansion.

A team from Cornell’s Creative Machine Lab have come up with a new robot which can not only crawl along truss structures, but that can actually manipulate them and move them around.

Analysts are trying to explain the recent sharp decline in existing home inventory and trying to estimate the impact of less inventory on house prices.

On the heels of consecutive months of strengthening business conditions, the Architecture Billings Index (ABI) has now reached positive territory three months in a row. 

Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow's Weekly Market Report.