Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. How Provinces Plan to Reopen A sense that …
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April Homebuilder Confidence Falls to Historic Low
The National Association of Home Builders (NAHB) has released new data outlining the effect COVID-19 has had on U.S. construction crews. The latest NAHB/Wells Fargo Housing Market Index (HMI) shows builder confidence fell 42 points in April to 30. Any …
Read More »Residential Construction Struggles With Labor Shortage
A new report from radio program Marketplace says homebuilders are continuing to struggle with a labor shortage that has stalled construction of new homes. Some 1.5 million homebuilding and remodeling jobs disappeared after the Great Recession, but the industry has …
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 »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 …
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