For the last five years, homebuilders have been on a wild ride with fluctuating interest rates, upheaval in building material prices and shifts in priorities for homeowners. As the industry continues to evolve to meet those challenges, here are the top …
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U.S. Housing Starts Climb 23% in July
According to new data from the U.S. Commerce Department, housing starts increased 22.6 percent in July, the highest rate recorded in nearly four years. In total, seasonally adjusted housing starts in July were 1.5 million, up from June’s total of …
Read More »Rising Home Construction Rates Boost Lumber Prices
Builders are constructing more houses now than at any time before last decade’s foreclosure crisis, and the increased construction activity is resulting in higher lumber prices, reports The Wall Street Journal. Since last June, lumber futures have risen more than …
Read More »Understanding the Forces Influencing U.S. Homebuilding
Home improvement stores are places of possibility. Every aisle, each shelf and all transactions your team earns bring individuals and families one step closer to living in the space of their dreams. Understanding the intersection of home improvement retail and …
Read More »Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
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