Branch managed by Andy Witt with 21 years of industry experience.
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Sales increase from May, while homes for sale and median selling prices decline and inventory stands at a 9.3-month supply.
The 15-year fixed rate also increases to 5.96%, while the 30-year rate remains below 6.74% a year earlier.
The homebuilder continues tactical pricing and sales pace adjustments as early signs of stabilization emerge in selected U.S. markets.
The homebuilder reports a 20.7% home sales gross margin and expects mortgage rates and cautious consumer sentiment to keep incentives elevated through the fourth fiscal quarter.
Update introduces regional import-price benchmarks, producer prices and PPI, a multi-series chart builder and an Analytics Data API subscription.
Apartment construction surged, offsetting weaker single-family activity and lifting total residential starts.
Connecticut-based specialty wood products company adds seven decades of expertise in decking and siding.
The average rate increased from 6.49% a week earlier, while the 15-year fixed mortgage rate rose to 5.93%.
Softwood lumber prices were up 6.2% year over year, while final-demand producer prices were up 5.5% from a year earlier.
OnWood manufactures buildings to 90% completion indoors for Western European delivery by early 2027.
Median existing-home price rose 1.8% year-over-year to $440,600.
The 15-year fixed mortgage rate also increased from the previous week, while both benchmark rates remained below year-earlier levels.
AutoTranslate AI converts floor plan images into 3D data models for accurate material takeoffs.
Combined entity targets $150 million in cost synergies with Andy Nemeth as CEO and headquarters in Elkhart, Indiana.
Chicago leads with 6.5% gain while Seattle drops 2.3% as regional dispersion persists.
The 15-year rate fell to 5.79%, and both rates were lower than a year earlier.
The company recovered 119,000 board feet overall, with portions planned for glulam columns, nonstructural CLT facing and other architectural uses.
Local hardwood species cover 77% of England’s woodland area, but 85% of the harvest goes to energy use as the UK imports 68% of its lumber.
Private new single-family construction fell 0.1% from April, while public construction spending was estimated 0.5% higher.