Industry News
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Featured Builder's Profile / Arlington, Massachusetts
Arlington Coal & Lumber Company
Arlington Coal & Lumber Company has supplied high-quality lumber and building materials to a wide range of professional contractors and homebuilders. With over 90 years of industry experience, the company only strives to provide thier clients with high-quality products and brands.
Shop online at Arlcoal.com
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Strong Rebound in Single-Family Permits, Multifamily Permits Decline
By Jack Bjorklund / March 15, 2024The number of single-family home permits issued nationwide in January 2024 surged 43.1% year-over-year to 75,906. As of January, all four regions saw permit increases ranging from 67.0% in...
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Oregon’s Mid-Willamette Valley to Get Sustainable Construction Boost with New CLT Facility
By Glenn Pierce / March 15, 2024Timberlab Inc., the leading national provider of holistic mass timber systems, has announced intentions to build and manage a cutting-edge cross-laminated timber (CLT) production facility in Oregon’s mid-Willamette region....
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NAR: Existing Home Sales Jump to Start 2024
By Jack Bjorklund / February 24, 2024Following a recent low in December, existing home sales rebounded to a 5-month high to begin the year, according to the National Association of Realtors (NAR). Low resale inventory...
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NAHB: Missing Middle Housing Construction Remains Stagnant
By Jack Bjorklund / February 23, 2024The missing middle construction sector, which includes development of medium-density housing like townhouses, duplexes, and other small multifamily properties, has underperformed since the Great Recession. According to the National...
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Multifamily Built-for-Rent Share Dips Slightly in Q4 2023
By Jack Bjorklund / February 22, 2024An analysis of quarterly Census data by the National Association of Home Builders (NAHB) revealed a slight decline in multifamily for-rent housing starts during the fourth quarter of 2023....
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James Hardie-Hover Partnership To Provide An Innovative Digital Experience For Visualizing and Scoping Home Exteriors
By Chris Gordon / February 15, 2024James Hardie Building Products Inc., a global leader in exterior building products, and Hover, a technology company that converts smartphone photos and blueprint designs of any property into a...
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Builder Sentiment Increases for the Third Month in a Row
By Jack Bjorklund / February 15, 2024Positive Signs for New Home Market: Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, marking the highest level since August...
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NAHB: Permits for Single-Family and Multifamily Down In 2023
By Jack Bjorklund / February 14, 2024Over 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 909,227. On a year-over-year (YoY) basis, this is 6.5% below the December 2022 level of 972,180,...
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2023 Marks Lowest Existing Home Sales Since 1995
By Jack Bjorklund / January 19, 2024Existing home sales ended 2023 at a 28-year low, according to the National Association of Realtors (NAR). Declining affordability and tight inventory, further squeezed by higher interest rates, were...
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Single-Family Starts Dip, Multifamily Starts Rise in December
By Jack Bjorklund / January 18, 2024Despite a slight dip in overall housing starts, the single-family sector continued to show strength in December, exceeding one million units for the second consecutive month. This suggests that...