The US remodeling market soared above $600 billion in the wake of the pandemic and, despite recent softening, remains 50 percent above pre-pandemic levels....
Throughout 2024, sawmill and wood preservation firms reported reduced capacity utilization rates, as well as consistent production and capacity.
Although there was no increase...
The housing industry achieved yet another record in 2023, with nearly 11.4 million individuals, including self-employed workers, employed as the number of housing units...
In February, single-family starts experienced a substantial increase in value due to the scarcity of available inventory.
However, builders continue to contend with persistent...
Builder sentiment declined in March, despite builders' optimism that a more favorable regulatory environment will result in an improved business climate, as a result...
After two consecutive quarters of slowing, house price appreciation rebounded marginally in the fourth quarter of 2024, owing to persistently high mortgage rates and...