Industry News
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Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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NAHB: What window and door features home buyers want?
A new NAHB study reveals that energy-efficient windows and a variety of door options are top priorities for homebuyers. The most recent NAHB study on home buyer preferences: What...
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Freddie Mac: Mortgage Rates Continue to Fall in September
Mortgage rates continued to fall in September, reaching levels last seen two years ago. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage decreased to 6.18%,...
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More Than Two-Thirds Of 2023 New Homes Built Have Porches
Porches remain the most prevalent exterior feature on new homes, according to NAHB analysis of the most recent data from the Survey of Construction (SOC, done by the US...
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Second-Home Areas Growing in Homebuilding Market
According to NAHB’s featured topic for the second quarter HBGI, second homes account for 17.5% of single-family and 8.6% of multifamily construction. The recent NAHB survey reveals that there...
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US LBM Adds Nix Door and Hardware
US LBM, a leading distributor of specialist building materials in the United States, has acquired Nix Door and Hardware, a Dallas-Fort Worth-based company that provides bespoke building goods and...
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ABC Construction Backlog Dropped in August
According to an ABC member survey performed between August 20 and September 5, the Construction Backlog Indicator decreased to 8.2 months in August. The reading is down 1.0 month...
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Culpeper Wood Preservers Acquires Maryland’s Long Life Treated Wood
Culpeper Wood Preservers, a major pressure-treated timber company, has purchased Long Life Treated Wood, a Maryland-based supplier and manufacturer of marine-grade lumber. This acquisition strengthens Culpeper’s marine division and...
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Job Market in Construction is Slowing Down
According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open construction sector jobs continued to fall in July as home development...
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NAHB: Private Residential Construction Spending Falls in July
Private residential construction spending declined by 0.4% in July, according to Census Construction Spending figures. Nonetheless, spending remained 7.7% greater than a year ago. The monthly decrease in overall...
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NAHB: Best Quarter for Custom Home Building in Nearly Two Years
According to National Association of Home Builders (NAHB)’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey, custom home construction is on the...
