Latest News
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Inflation Continues to Slow in September
Inflation eased further in September, remaining at a three-year low as shelter prices moderated. Shelter expenses, the primary driver of inflation since early 2023, saw their annual growth rate...
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Remodeling Market Sentiment Softens in Third Quarter
The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2024 registered 63, a two-point decrease from the previous quarter. Remodelers are positive about the market, despite...
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Patios Outnumbered Decks on New Homes
While the percentage of new houses with patios is increasing, the percentage with decks has remained at a historic low of less than 18%, according to NAHB analysis of...
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US LBM Adds Florida’s Milton Truss
US LBM, a major distributor of specialist building materials in the United States, has acquired Milton Truss, a top manufacturer and distributor of structural construction components based in Florida....
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MITER Brands Divests ECO Window Systems
MITER Brands, a prominent manufacturer of high-quality windows and doors, announced the sale of its subsidiary, ECO Window Systems, to its original owners. MITER Brands’ decision to divest underscores...
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VERSATEX Expands VERSAWRAP Line with Realistic Woodgrain Finishes
In addition to white, VERSATEX’s PVC column-wrap technology VERSAWRAP now available in realistic woodgrain finishes. A VERSATEX Building Products spokeswoman stated these treatments have been field-tested on the popular...
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Construction Job Market Rebounds
According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open construction industry jobs rebounded in August after a period of slowdown...
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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...
