
The 30-year fixed rate increased from the previous week and remained above its year-earlier level.

The 30-year fixed rate increased from the previous week and remained above its year-earlier level.

Dealers report higher supplier prices, reduced Canadian shipments and longer lead times after the duties took effect.

Inventory reaches 1.62 million units, while the median existing-home price rises 1.6% from a year earlier.

The 15-year fixed-rate mortgage also rose, while both rates remain above year-ago levels.

Softwood lumber prices rose 11.8% year over year, compared with a 5.1% increase in residential building material prices.

The funding will support wood-product processing, innovation, workforce development, plantations and timber import compliance.

15-year rate reaches 6.04%, up 0.06 points weekly and 0.44 points year-over-year.

Private residential spending ran at US$859.0 billion in July, down from US$870.6 billion in June.

The 15-year fixed-rate mortgage also rose as home prices grew more slowly in many areas.

The national index rose 1.5% from a year earlier in June, after a 1.2% annual gain in May.

Sales of new single-family homes fell to 607,000 in July, from 678,000 in June.

The 15-year fixed-rate mortgage also fell, while both rates remained above year-earlier levels.

The law also directs the Department of Housing and Urban Development to identify financing barriers for modular housing and study a federal building standard.

Single-family starts fell 6.9% year to date, while starts in buildings with five or more units rose 11.9%. The July rate was the second-lowest monthly level of 2026.

The project will test prefabricated structures designed for transport, rapid assembly and cold-weather deployment.

The industry calls for simpler environmental reviews, digital permit processes and tighter appeal procedures.

The 15-year fixed mortgage rate declines to 5.96% from 6.01% a week earlier.

Softwood lumber's annual increase outpaced residential building-material prices excluding energy, which were up 5.0%.

Non-residential permits rose 37.5% as institutional projects drove most of the monthly increase.

Sales declined to a seasonally adjusted annual rate of 4.06 million, while housing inventory fell 1.9% from June.