Hancock Lumber recently celebrated several exterior renovation projects at its Wolfeboro lumberyard with a ribbon-cutting celebration bringing together employees, customers, vendor partners and community members. Attendees enjoyed food from Mow’s Munchies and Arlene’s Asian Kitchen food trucks, product demonstrations and …
Read More »Annie Dameworth
Private Residential Construction Spending Rises on Multifamily and Remodeling Strength
Private residential construction spending increased by 0.8% in August, primarily driven by more spending on multifamily construction and home remodeling, according to the National Association of Home Builders (NAHB). Total residential spending was down 2% year over year as the …
Read More »Record Number of Shoppers Expected for Thanksgiving Weekend Sales
A record 186.9 million customers are expected to shop from Thanksgiving Day through Cyber Monday this year, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. “The holidays are an important part of …
Read More »Lower Mortgage Rates Push Home Sales Up
Existing home sales rose in October to the highest rate in eight months as buyers took advantage of lower mortgage rates, according to the National Association of Realtors (NAR) and an analysis from NAHB’s Eye on Housing. Mortgage rates hovered …
Read More »Hartville Hardware Celebrates Grand Opening of New Middlefield, Ohio, Location
Hartville Hardware recently celebrated the opening of its Middlefield, Ohio, location with a grand opening celebration. The company entered the Middlefield market in 2020 with the acquisition of Centerra Lumber and Supply Company. The grand opening of the new store …
Read More »Lowe’s and Home Depot Highlight AI and Pro Initiatives in Q3 2025
Lowe’s and Home Depot released Q3 2025 financials this week, both reporting modest net sales growth and progress on several company initiatives. Both companies also hosted earnings calls where execs shared insights into how each is improving various operational areas. …
Read More »Lowe’s Reports Modest Net Sales, Comp Sales Growth in Q3 2025
Lowe’s Companies Inc. recently released its financial results for the third quarter of 2025, reporting $20.8 billion in net sales, up from $20.2 billion in Q3 2024, an increase of. Comparable store sales for the quarter increased 0.4%, driven by …
Read More »Builder Confidence Rises Slightly in November Despite Softening Demand
Builder confidence in the market for newly built single-family homes rose one point in November to 38, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “While lower mortgage rates are a positive development for …
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