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Inflation Sticks Despite Lower Housing Costs

Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed's 2% objective becomes the most difficult. Shelter expenses continued...
Jack Bjorklund -
Industry News

Boise Cascade expands in Florida with Parksite door shop acquisition

Boise Cascade has announced that it has acquired the assets of the Parksite door shop in Lakeland, Florida. Parksite now has 22 sites, and...
Chris Gordon -
Builder Data & Analysis

October Private Residential Construction Spending Rises

Private residential construction spending grew by 1.5% in October, according to the most recent US Census Construction Spending statistics. Year over year, the October...
Jack Bjorklund -
Builder Data & Analysis

Higher Rates Lower October New Home Sales

In October, many potential home buyers stayed away due to steadily rising mortgage rates and continued affordability issues. Sales of newly built single-family houses...
Jack Bjorklund -
Builder Data & Analysis

NAR: October Existing Home Sales Rebound

Existing home sales returned from a 14-year low in October, posting the first yearly increase in more than three years, as buyers took advantage...
Jack Bjorklund -
Builder Data & Analysis

Freddie Mac: Higher Mortgage Rates Slow October Housing Production

According to Freddie Mac, housing starts decreased last month as the average monthly mortgage rate rose by a quarter point from 6.18% to 6.43%...
Jack Bjorklund -
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