High industry inventories and cold weather limit production, while the company enters Phase 2 of its internal efficiency work.
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More than half of tracked metros post annual price declines, with Denver the weakest.
North America sales surge 60% following opening of dedicated manufacturing facility in 2024.
The builder cited affordability concerns and competitive conditions, and said it adjusted incentives, sales pace and production while working down spec inventory.
The weekly survey also shows the 15-year fixed rate averages 5.58%.
Combined company exceeds $18 billion in revenue as insulation leader joins roofing and lumber portfolio.
Affordability limits and cautious buyers keep incentives elevated as orders rise and the builder reduces unsold completed inventory.
Roust Element absorbs 93 employees and roof module operations to strengthen prefabricated wood market position.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
New construction increases 2.6-fold from February but remains 17% lower year-on-year.
The 15-year fixed rate also moved lower, and both benchmark rates stayed below their year-earlier levels.
Former Metsä Wood executive takes helm as outgoing CEO Marko Saarelainen moves to lead Japanese subsidiary.
Sales run at a 3.98 million annual pace as inventory rises and the 2026 forecast is lowered.
Residential permits reached $8.1 billion on gains in multi-unit projects, while total building permits fell 8.4% after a sharp drop in non-residential approvals.
Weekly decline of 9 basis points brings rate below previous year's average of 6.62%.
Backed by over $4 million in federal IFIT funding, the Clinton, Ontario, facility will use robotics to produce wooden trusses and reduce waste.
New hire brings M&A expertise from Coca-Cola, including execution of a $13 billion acquisition.
$200 million production target follows Arkansas facility purchase and integration of CoolDeck technology.
Outgoing leader Arto Halonen transitions to senior advisor role after 14 years with the company.
Deal adds two Oklahoma locations to 56-store network as employee-owned company expands ninth-state footprint.