Los Angeles rents increased sharply in February following the wildfires that devastated the city in January and put the city at the top of the list for highest rent growth at 7.2% U.S. single-family rent prices increased 2.9% year-over-year in February 2025 National low-end rental prices were up 2% compared to the high-end price gains […]
NAHB: Housing Starts Decline Amid Economic Uncertainty
Constrained housing affordability conditions due to elevated interest rates, rising construction costs and labor shortages led to a reduction in housing production in March. Overall housing starts decreased 11.4% in March to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban Development and […]
The RONA Foundation will Support Seven Canadian Non-Profit Organizations as Part of its Build with Heart 2025 Campaign
The RONA Foundation, which oversees the philanthropic activities of RONA Inc., a leading home improvement company in Canada that operates and serves 425 corporate and affiliated stores, is launching the 2025 edition of the Building with Heart campaign next week. This campaign aims to support seven Canadian non-profit organizations with projects aimed at revitalizing a […]
JCHS: Continued Gains Projected for Remodeling Amid Economic Uncertainty
Annual expenditures for improvements and maintenance to owner-occupied homes are expected to grow modestly through 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects that year-over-year spending for home renovation and repair will increase by 2.5 percent […]
U.S. Census Bureau: Monthly New Residential Construction, March 2025
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for March 2025: Building Permits Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,482,000. This is 1.6 percent above the revised February rate of 1,459,000, […]
BuildDirect Reports Fourth Quarter and Year Ended December 31, 2024 Financial Results
BuildDirect reports in US dollars and in accordance with IFRS Accounting Standards BuildDirect.com Technologies Inc. (“BuildDirect” or the “Company“) a leading omnichannel building material retailer, announced its financial results for the Fourth Quarter (“Q4 2024“) and full-year audited financial results for the year ended December 31, 2024 (“FY 2024“). “In 2024, we stayed focused on what […]
CRH Appoints Nancy Buese as Chief Financial Officer
CRH, the leading provider of building materials solutions, announced the appointment of Nancy Buese as Chief Financial Officer (CFO), effective May 12, 2025. She will be New York based. Nancy brings a wealth of experience and expertise in the financial leadership of publicly listed companies having previously served as Executive Vice President and CFO at […]
Tractor Supply’s Spring Crop of 4-H Paper Clovers Has Arrived
Biannual fundraiser helps plant the seeds for a brighter future for 4-H youth Tractor Supply Company, the largest rural lifestyle retailer in the United States, is ready to kick off its spring Paper Clover fundraiser, a biannual event that has generated millions of dollars in scholarships for 4-H youth. From April 18 through May 5, […]
Fannie Mae: Home Price Growth Remains Steady in First Quarter
Single-family home prices increased 5.2 percent from Q1 2024 to Q1 2025, largely unchanged from the previous quarter’s year-over-year growth pace of 5.3 percent, according to the latest reading of the Fannie Mae (FNMA/OTCQB) Home Price Index (FNM-HPI). The FNM-HPI is a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family […]
Cabinetworks Group Announces Appointment of Danielle Mikesell as New Chief Marketing Officer
Cabinetworks Group, the country’s largest privately owned cabinet manufacturer, announced the appointment of Danielle Mikesell as its new Chief Marketing Officer, effective immediately. Mikesell joins Cabinetworks from Wilsonart Engineered Surfaces, where she served as Global Vice President of Marketing and Design. At Wilsonart, an industry-leading engineered surfaces manufacturer and distributor, Mikesell was responsible for building […]