News

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 …

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 …

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 …

The Home Depot announced the launch of Blueprint Takeoffs, a new AI-powered tool designed to provide professional renovators, remodelers and builders with faster, more accurate and cost-effective material lists and estimates, also known as takeoffs, for single-family project blueprints. With …

The Home Depot recently released its Q3 2025 financial results, reporting a $1.1 billion increase in net sales from Q3 2024, reaching $41.4 billion in net sales.  Total sales include approximately $900 million from the recent acquisition of GMS Inc. …

Target recently announced the launch of new AI holiday shopping tools, creating a more personalized shopping experience for customers this holiday season. The company launched its AI-powered Target Gift Finder, helping customers find gifts for people on their shopping list; …

Kabelin Ace Hardware recently announced it has joined Houchens Food Group, one of the largest 100% employee-owned companies in the country. “We’re thrilled to join Houchens and become part of an employee-owned company that shares our values,” says Mackenzie Kabelin …

West Fraser Timber Co. Ltd. recently announced it will permanently close its Augusta, Georgia, and 100 Mile House, British Columbia, lumber mills by the end of 2025 following an orderly wind-down.  The decision is in response to timber supply challenges …