According to the Case-Shiller index, home prices rose 4.4% annually, up from 4.2% in February.
U.S. house prices rose in the first quarter of 2020, up 1.7%.
Sales of new single-family homes in April 2020 were at a seasonally adjusted annual rate of 623,000, 0.6% above the revised March rate.
Architects are rediscovering wood as an excellent building material for urban spaces.
Roseburg Forest Products has published its eighth certified Environmental Product Declaration (EPD).
According to the data from latest McDash Flash Forbearance tracker, approximately 9% of all mortgages are in forbearance.
Statistics Canada is reporting that Canadian retail sales plunged 10% in March. The result of officials shuttering non-essential business to slow the spread of the COVID-19 pandemic.
Over the past several years builders have been trying to construct more affordable – entry-level homes. In order to do that the size of the average starter home has been shrunk.
In response to a 5-0 decision, in which a NAFTA panel affirmed an International Trade Commission’s (ITC) findings that the U.S. softwood lumber industry has been materially injured by Canadian subsidies to their forest products industry…
According to a report issues by the International Tropical Timber Organization U.S. imports of tropical hardwood veneer recover from a dismal February as March imports rose by 56%.