For the first time in more than 10-year, the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) declined in […]
Wood Markets News
Associated Builders and Contractors Report Monthly Construction Input Prices Drop in March
According to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index (PPI) data […]
Canfor Announces Additional Cuts to Production Worldwide
Canfor Corporation has announced additional production cuts due to the impact of the COVID-19 pandemic on the demand and price […]
First Year-to-Date Drop in March Building Materials Pricing Since the Great Recession
According to the Bureau of Labor Statistic latest Producer Price Index (PPI) report, prices paid for goods used in residential […]
Builders are Reporting COVID-19 Impact on Their Business is Growing
Builders responding to the latest NAHB online poll in regards to the impact of the COVID-19 pandemic are reporting that […]
Jobless Claims Increase an Additional 6.6 Million for Week Ending April 4th 2020
The U.S. Labor Department is reporting that unemployment claims hit another new record for the week ending April 4th, 2020. […]
30-Year Fixed Mortgage Rate Unchanged from Last Week
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending April 9th, 2020. The PMMS shows […]
COVID-19 is Quickly Reducing the Number of Homes Available For Sale in U.S.
Realtor.com, is reporting that the supply of homes for sale has continued to shrink as the market continues to react […]
Survey Indicates Work Continues at a Majority of Projects Across the U.S.
The Associated General Contractors of America (AGCA) has conducted an 11-question survey of its membership from March 30th through April […]
Mortgage Applications Decline in Week Ending April 3rd 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending April 3rd, 2020, […]