72.4% of new single-family homes started in 2023 were built on slab foundations, 16.6% were built with full or partial basements, and 9.9% with crawl spaces, according to the Census Bureau and NAHB.
Wood Markets News
US National Interagency Fire Center Wildfire Update as of July 15th
As of Monday, 11 new wildfires were reported nationwide. Currently, 62 large active wildfires are being managed and have burned 902,253 acres.
U.S. Residential Building Material Costs in June Post Largest Yearly Increase Since February 2023
A closer look at the U.S. Bureau of Labor Statistics (BLS) Producer Price Index (PPI) for June, which was released […]
Total Value of Canadian Building Permits Declined in May
Statistics Canada (StatsCan), reported on Friday (7-12-24), that the total value of building permits was in May was $11.7 billion […]
Canadian Home Sales Activity Increased Month-Over-Month in June 2024
The Canadian Real Estate Association (CREA) reported on Friday (7-12-24), that that home sales activity recorded over Canadian MLS® Systems […]
U.S. Producer Price Index for Final Demand Increase Month-Over-Month in June 2024
The Bureau of Labor Statistics (BLS) reported on Friday (7-12-24), that the Producer Price Index (PPI) for final demand, seasonally […]
University of Michigan Reports the Preliminary Results of its Consumer Sentiment Index for July 2024
The University of Michigan on Friday (7-12-24), released the preliminary results of its Consumer Sentiment Index (CSI) for June. The […]
Consumer Price Index Declined in June – Year-Over-Year All-Item Index up 3.0%
The U.S. Bureau of Labor Statistics on Thursday (7-11-24), reported that the Consumer Price Index for All Urban Consumers (CPI-U) […]
MBA’s Mortgage Credit Availability Index Increased for the Sixth Consecutive Month in June
The Mortgage Bankers Association’s (MBA) on Thursday (7-11-24) released its Mortgage Credit Availability Index (MCAI) report for June. According to […]
Fixed Mortgage Rates Inched Lower – in the Week Ending 11th July 2024
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Wednesday, July 11, 2024. The PMMS […]