Latest News
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Liberty Cedar
Leading top quality specialty wood products, tropical lumbers & domestic hardwoods, custom milling and flooring, trim packages, timbers and other materials serving Rhode Island, Massachusetts, Connecticut, and Long Island with excellent customer service. Delivery to other areas via common carrier.
Shop online at Libertycedar.com
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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 fell 17.3% in October to...
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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 of mortgage rates momentarily falling...
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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% between September and October. The...
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Townhouse Construction Gains Momentum
Year-over-year improvements in townhouse construction continued in the third quarter of 2024, as demand for medium-density housing remained strong despite a slowdown in other sectors of the building industry....
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Capital Lumber and AZEK announce distribution partnership
A new strategic distribution partnership has been announced by The AZEK Company Inc. with Capital Lumber Company, a prominent distributor of construction products in the Western United States. This...
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Weyerhaeuser to build new Arkansas TimberStrand facility
Weyerhaeuser Company is planning to invest approximately $500 million in the construction of a new, state-of-the-art TimberStrand facility near Monticello and Warren, AR. This expansion will increase the company’s...
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Housing Costs Continue to Fuel Inflation
Inflation increased again in October, indicating that the last push to the 2% objective will be the most difficult. Shelter expenses continued to be the primary driver of inflation,...
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PrimeSource Building Products Expands Wolf Home Products to Southeast US
PrimeSource Building Products, Inc., a leader in building materials distribution, is pleased to announce the expansion of its Wolf Home Products brand into the southeastern United States. This smart...
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MoistureShield partners with BMD to expand in California, Oregon, and Nevada
Oldcastle APG’s hallmark brand, MoistureShield, has announced a new distribution collaboration with Building Materials Distributors, Inc. This will bring the manufacturer’s composite decking portfolio to the entire state of...
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ABC’s October Construction Backlog Indicator Falls, Contractor Confidence Rises
According to a poll of its member contractors performed from October 21 to November 4, Associated Builders and Contractors reported a Construction Backlog Indicator of 8.4 months in October....
