Tag Archives: News

Builders FirstSource (BFS) recently announced it is partnering with Blitzy, an autonomous software development platform built for product development solutions. “This collaboration underscores our commitment at BFS to leveraging AI-enabled solutions that accelerate innovation and deliver measurable results for our …

Residential building material prices rose at a slower rate in January, according to the latest Producer Price Index (PPI) from the Bureau of Labor Statistics (BLS) and an analysis from the NAHB.  This was the first decline in growth since …

SRS Distribution Inc. recently announced its acquisition of Sider Lumber & Supply Co., Inc. Terms of the agreement were not disclosed. “We are thrilled to welcome the Sider Lumber team into the SRS family,” says Kent Gardner, president of SRS. …

The home improvement products market is predicted to grow in the next few years, despite continued financial strain and cautious consumer confidence. According to the Home Improvement Research Institute’s U.S. Size of the Home Improvement Products Market study, the home …

Consumer confidence increased by 2.2 points in February to 91.2, up from an upwardly revised 89.0 in January, according to The Conference Board’s Consumer Confidence Index. The Present Situation Index, based on consumers’ assessment of current business and labor market …

Lowe’s recently released financial results for the fourth quarter of 2025 and an outlook for the full year 2026. Total sales for Q4 were $20.6 billion, up from $18.6 billion in Q4 2024. Comparable sales increased 1.3% in the fourth …

The average interest rate on a 30-year fixed-rate mortgage recently fell to around 6%, the lowest rate in close to three years, making homeownership possible for more people, according to the National Association of Home Builders (NAHB). NAHB Priced-Out Estimates …

The Home Depot released its financial results for the fourth quarter of 2025 and the fiscal year of 2025, reporting net sales for the quarter at $38.2 billion, a 3.8% decrease year over year. Comparable sales for the fourth quarter …