Industry News
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Featured Builder's Profile / Muskoka, Central Ontario CA
Chamberlain Timber Mart
Chamberlain Timber Mart offers quality building materials & renovation supplies from lumber, siding, windows & doors, drywall, roofing, tools, hardware, paint, plumbing, electricals, flooring, & more in Muskoka Central Ontario, Canada.
Shop online at Chamberlaintimbermart.ca
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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...
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Housewrap Market Booms: Demand to Soar 6.77% by 2028
By Jack Bjorklund / January 16, 2024The worldwide housewraps market is estimated to grow by a whopping $2.6 billion from 2023 to 2028, reaching a compound annual growth rate (CAGR) of 6.77%, according to a...
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ABC: Monthly Construction Input Prices for December 2023 Drop Sharply
By Jack Bjorklund / January 12, 2024According to an Associated Builders and Contractors estimate of US construction input prices, they fell 0.6% in December from the previous month. The Bureau of Labor Statistics’ Producer Price...
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Harlingen TX Gets a New Matt’s Building Materials Location
By Phil Garcia / December 28, 2023According to the Harlingen Economic Development Corporation, local lumberyard and home improvement center Matt’s Building Materials is thrilled to announce the opening of their fourth location in Harlingen, TX....