The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter, posting a reading of 63, down five points compared to the previous quarter. While the reading of 63 is still in positive territory, this is only the second time since the first quarter of 2020 that […]
The Impact of Potential Tariffs on New Brunswick’s Forestry Sector
In response to questions about the impact of potential 25 per cent tariffs imposed by the U.S. government on Canadian goods including lumber and forest products, the New Brunswick Lumber Producers, Forest NB and J.D. Irving, Limited are releasing the following information about the forestry sector in New Brunswick as context for media following this […]
Freddie Mac: The 30-Year Fixed-Rate Mortgage Continues to Trend Down
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.62%. “The average 30-year fixed-rate mortgage continues to trend down, remaining under 7% for the twelfth consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “As purchase applications continue to climb, the spring homebuying season is shaping up to […]
PPG Transforms U.K. Hospice as Part of COLORFUL COMMUNITIES 10-year Celebration
PPG announced that it has completed a transformative makeover at Bury Hospice in Bury, U.K., part of the 10-year celebration of the company’s COLORFUL COMMUNITIES® program. The project brought together more than 100 volunteers from PPG, Morelli Group – a PPG partner specializing in car body repair and automotive paint products – hospice staff and […]
Goodfellow Reports Its Results for the First Quarter
Goodfellow Inc. (the “Company” or “Goodfellow”) announced its financial results for the first quarter ended February 28, 2025. For the three months ended February 28, 2025, Goodfellow reported a net loss of $2.3 million or $0.27 per share compared to a net loss of $0.1 million or $0.01 per share a year ago, while consolidated […]
PPG Joins Make it Zero Initiative to Reduce Scope 3 Carbon Emissions in DIY Sector
PPG announced that it has joined Make it Zero, a global initiative developed by the European DIY Retailers Association and the Global Home Improvement Network to reduce scope 3* greenhouse gas emissions within the do-it-yourself (DIY) home improvement sector. As part of this commitment, PPG’s Architectural Coatings business in Europe, Australia and New Zealand has […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 20.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 4, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 20.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Simpson Strong-Tie Donates $20,000 to the American Red Cross for Myanmar Earthquake Relief Efforts
Simpson Strong-Tie has donated $20,000 to the American Red Cross, partner of the Myanmar Red Cross Society (MRCS), in support of efforts following the 7.7-magnitude earthquake in Myanmar on March 28. The earthquake is reported to have killed at least 3,000 people and counting, injured thousands more, and damaged or destroyed innumerable buildings and vital infrastructure. […]
LP Building Solutions Unveils New Naturals Collection™ in LP® SmartSide® ExpertFinish® Portfolio
New palette combines the beauty of natural wood tones with the advanced durability of engineered wood siding LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced the launch of its Naturals Collection™—a new line of nature-inspired colors within the LP® SmartSide® ExpertFinish® Trim & Siding portfolio. Unveiled at the 2025 NAHB International Builders’ Show®, […]
Bliffert Lumber Promotes Lauren Parsons to Director of Sales
Bliffert Lumber is proud to announce the promotion of Lauren Parsons to Director of Sales, effective March 30, 2025. Lauren joined Bliffert Lumber on May 9, 2022, as a Sales Manager. Since then, she has played a key role in shaping and executing the company’s sales strategy. Her leadership, insight, and innovative thinking have been instrumental […]