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Homebuilder stocks rally, as lumber seller Weyerhaeuser is upbeat on housing market
Shares of home builders were broadly higher Friday, after lumber products seller Weyerhaeuser Co. gave an upbeat outlook on the housing market, even though the company reported third-quarter profit and sales that missed expectations. The SPDR S&P.....»»
Home Depot beats quarterly profit estimates, warns of tariff impact
Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump's ongoing trade tussle with China on consumers......»»
Home Depot same-store sales disappoint, warns of tariff impact
Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at least three years, while warning of a $1 billion impact from new tariffs on Chinese imports......»»
Professional home builders and marketers provide a solid foundation
To build a home, you need a solid foundation, lumber, nails and a hammer or two. However, if building a home was just as easy as going to a local hardware store and buying a few nails, I probably wouldn’t be in the marketing industry; I’d be try.....»»
Homebuilder Confidence Takes a Hit in June
The National Association of Home Builders reported a drop of two points in its housing market index in June. Soaring prices for lumber could get worse as trade relations between the U.S. and Canada........»»
NAHB Housing Market Index: 'Builder Confidence Slips 2 Points As Lumber Prices Soar' - Seeking Alpha
Charlotte ObserverNAHB Housing Market Index: 'Builder Confidence Slips 2 Points As Lumber Prices Soar'Seeking AlphaBy Jill Mislinski. The National Association of Home Builders (NAHB) Housing Market Index (.....»»
Trump"s tariffs on Canada softwood is making home ownership too costly
U.S. tariffs on Canadian softwood lumber appear to be having a significant impact on American home buyers......»»
September Homebuilder Confidence Remains Solid, Lumber Prices Pull Back
The National Association of Home Builders reported that builder confidence remained at a solid level in September. Declining lumber prices are helping, but rising interest rates and labor shortages........»»
Homebuilder sentiment rises amid solid demand
Confidence among U.S. homebuilders unexpectedly rose in October, registering the first gain in five months amid falling lumber prices and solid demand, according to a report Tuesday from the National Association of Home Builders/Wells Fargo......»»
Home starts in Dallas-Fort Worth soar 45%, closings flat
North Texas homebuilders were busy with starts in the first three months of the year, but closings lagged behind. Read on for the latest conditions in the new build market and check out our ranking of the largest North Texas builders......»»
Remodeling Market Sentiment Stays Positive in Q1 2024
The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for Q1 2024 posted a reading of 66, down one point compared to the previous quarter. “An RMI at 6.....»»
Demand for homes is surging at Pierce County mega-development, but builders face supply shortages
At the Tehaleh planned community in Bonney Lake, costs for supplies such as lumber are soaring and eating into builders' margins......»»
Housing starts fall as builders contend with shortage of materials and labor
U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the.....»»
Economic Report: Construction on new homes retreats as builders grapple with supply-chain headaches
Permitting activity moved higher, an indication that home builders expect the strong demand for housing to continue......»»
Screw Lumber, Just 3D-Print Your Next Home
Screw Lumber, Just 3D-Print Your Next Home With lumber prices up 67% since the start of this year and up 340% from a year ago, according to Random Lengths, a wood products industry tracking firm, adding tens of thousands o.....»»
Builders FirstSource acquires John"s Lumber, terms not disclosed
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Lumber prices top $1,600 for the first time ever as the ongoing homebuilding craze drains supply
Lumber prices have pushed the average price of a new single-family home up by $35,872, according to the National Association of.....»»
Expensive lumber costs have added $36,000 to the average price of a new home, report finds
Lumber prices are up 340% .....»»
Soaring Lumber Prices Add Nearly $36,000 To The Price Of A New Home: NAHB
Soaring Lumber Prices Add Nearly $36,000 To The Price Of A New Home: NAHB Authored by Tom Ozimek via The Epoch Times, Skyrocketing lumber prices that have tripled over the past 12 mo.....»»
A 325% surge in lumber prices over the past year has pushed new-home prices up by $24,000 apiece
Lumber prices reached more than $1400 per thousand board feet on Monday and experts say it's a great thing for the industry, but not for consumers. .....»»