The recently released Meyers Research, New Home Pending Sales Index (PSI) for May 2020, reports that pending homes sales decreased year-over-year but rose month-over-month across the U.S.
The sawmill division of J.D. Irving has announced that in July they will be starting a modernization and expansion of their Doaktown NB facility.
According to the results of the ninth annual Houzz & Home Survey of more than 87,000 U.S. respondents, Baby Boomers (born between 1946 – 1964), accounted for more than half of homeowners renovating their homes in 2019.
According to the recently released Federal Reserve Board Report on the Economic Well-Being of U.S. Households, 76% of adults surveyed in the U.S. reported ‘doing okay’ or living comfortably financially’, which was unchanged from 2018.
Dealers reported another week of steady to sneaky strong sales. Dealers are very encouraged by the uptick in May’s Housing Starts and Permits.
According to a new study conducted by Clever, 42% of homeowners who made a purchase during the time period of January and May this year have ended up in a bidding war.
The U.S. Department of Labor is reporting that an additional 1.508 million Americans made their initial filing for unemployment benefits during the week ending on Saturday June 13th.
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending June 18th, 2020.
The HUD announced on Wednesday (6/17) that the Federal Housing Administration is providing a two-month extension of its foreclosure and eviction moratorium through August 31st, 2020.
Canfor Corporation announced on Wednesday 6-17, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital.