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 …
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Monitoring the Market: Quarter 1
Use the following industry metrics to anticipate emerging trends and opportunities in the channel. Data is not seasonally adjusted, meaning these graphs represent real-time shifts in the market. Understand consumers’ desire to save or spend by gauging overall consumer confidence …
Read More »More Homebuilders Adding Energy-Efficient Features
Homebuilders are increasingly adding energy-efficient elements, even in homes they don’t consider to be “green,” according to new data from the National Association of Home Builders and Dodge Data & Analytics. The 2020 Green Single Family and Multifamily Homes SmartMarket …
Read More »Homebuilder Confidence Hits Highest Level Since 1999
U.S. homebuilder confidence reached its highest level since June 1999, according to new data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. The latest reading of home builder confidence was 76 basis points in December. Anything …
Read More »Builders’ Outside Sales Team Delivers 3 Decades of High Sales
Across the western U.S., the Builders chain of home improvement stores offers a complete selection of building materials and design services. One central element of the company’s decades-long success is its outside sales team, a group of 21 salespeople who …
Read More »Open the Door to Decorative Hardware
Within the hardware and fastener category rests decorative hardware. Unlike most items in this category, decorative hardware purchases aren’t born of necessity. While a customer needs screws, bolts and nails immediately for almost any task, decorative hardware is a space …
Read More »U.S. Homebuilder Confidence Rises
U.S. homebuilders are feeling more confident about the economy and their trade, based on the latest Housing Market Index released by the National Association of Home Builders (NAHB) and Wells Fargo. Overall, homebuilder confidence rose to 66 points in August, …
Read More »Home Improvement Spending Reaches $425B
The U.S. home remodeling market grew by more than 50 percent since the end of the Great Recession, and home improvement spending reached $425 billion in 2017, according to the Joint Center for Housing Studies of Harvard University’s Improving America’s …
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