Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) jointly announce the release of the 2022 Sustainability Report, which outlines performance on topics such as climate change, sustainable forestry and energy management, and social issues such as inclusion and diversity, and Indigenous relations. “Climate change is one of the most pressing issues we are facing […]
Floor & Decor Launches the Grand Opening of its 3rd Fort Myers Store in South Fort Myers, Florida
Floor & Decor (NYSE: FND), a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in South Fort Myers, Florida. This store opening marks the company’s third store in the Fort Myers market. The Floor & Decor warehouse store and design center will open with […]
U.S. Census Bureau: Monthly New Residential Construction, April 2023
Notice of Revision: With this release, unadjusted estimates of housing units authorized by building permits for January through December 2022 have been revised. Also, seasonally adjusted estimates of housing units authorized by building permits have been revised back to January 2017, and seasonally adjusted estimates of housing units authorized but not started, started, under construction, […]
Statistics Canada: Investment in Building Construction, March 2023
Investment in building construction declined 1.3% to $20.3 billion in March. The residential sector fell 2.1% to $14.6 billion, while the non-residential sector went up by 0.9% to $5.7 billion. On a constant dollar basis (2012=100), investment in building construction decreased 1.8% to $11.5 billion in March. Residential sector declines Investment in residential building construction decreased 2.1% to $14.6 billion in March. Investment in single […]
Gillman Do it Best Home Center Celebrated New Muncie Location
Gillman Do it Best Home Center threw a party this past weekend to celebrate the grand opening of their newest location in Muncie, IN. This marks their 15th location throughout central Indiana and southwestern Ohio. COO Curtis Gillman welcomed the community, city officials, and invited guests to the two-day, family-friendly celebration, kicking off festivities with […]
Mortgage Applications Decrease in May 17th MBA Weekly Survey
Mortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Homeowners Can Take Their Decks From Dream to Done With the Updated Trex® Deck Design Tool & Online Deck Planner
Always on the cutting edge of outdoor living, Trex Company (“Trex”), the world’s largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, has upgraded its interactive deck design tool to allow homeowners to plan every detail of their outdoor space, all from the convenience of a laptop. The revamped Trex® Deck Design […]
Madison’s Reporter: Ongoing Soft Demand Keeps Lumber Prices Stable
In the week ending May 05, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$360 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat compared to the previous week when it was US$360 mfbm. That week’s price is up by +$9, or +2%, from one month ago […]
ABC: Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member survey conducted April 20 to May 3. The reading is 0.1 months higher than in April 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. After […]
NAHB: Lack of Existing Inventory Boosts Builder Confidence to Key Marker
Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including building material supply chain disruptions and tightening credit conditions for construction loans. Builder confidence in the market for newly built single-family homes in […]