The U.S. Census Bureau has reported that sales of new single-family homes in September 2019 were at a SAAR of 701,0000. This is 0.7% below […]
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News
Oregon zoning law changes highlight challenges confronting the US’s affordable housing problem
The lack of affordable housing is a key factor restraining a more robust recovery in residential construction. State and municipal governments are revising zoning regulations […]
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Georgia-Pacific Idles OSB Mill and Lumber Mill in South Carolina
Georgia-Pacific announced the indefinitely idling of its OSB mill in Allendale, SC and softwood lumber mill in McCormick, SC due to weak market conditions. The […]
Read MoreSeptember existing home sales fall -2.2%
The National Association of Realtors® reported that existing home sales fell across all 4 regions in September. September sales fell <-2.2%> to a SAAR of 5.38 […]
Read MoreNorbord Reducing Production at Cordele, GA OSB Mill
Norbord announced the curtailment of production on Line 1 at its Cordele, GA OSB mill beginning in mid-November. The curtailment represents 440 MMSF of capacity, […]
Read MoreCanadian Home Prices Edging Higher
Canadian home prices edged higher in September, paced by increased sales in the Montreal and Ottawa-Gaitneau regions. The Teranet-National Bank Composite Home Price Index, which […]
Read MoreHousing Inventory Levels Dropping
From September 2018, through February 2019 housing inventories grew year over year. Reversing a 44-consecutive month of inventory declines, which dated back to January 2015. […]
Read MoreRemodelers’ Confidence Holding Steady
The National Association of Home Builders (NAHB) has released their Remodeling Market Index (RMI) for the 3rd Qtr., of 2019. The RMI posted a reading […]
Read MoreHousing Starts and Permits Lower In September
The U.S. Census Bureau has reported that privately-owned housing starts in September were at a SAAR of 1,256,000. This is 9.4% below the revised August […]
Read MoreBuilder Confidence on the Rise
The National Association of Home Builders (NAHB) \ Well Fargo Housing Market Index, reports that builders confidence for newly-built single-family homes rose 3 points in […]
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