The Pandemic-led Rent Growth Boom is Beginning to Fizzle CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. The report highlights the slowing growth in key rental metros which all experienced population spikes during the pandemic. […]
Freddie Mac: Mortgage Rates Tick Up
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.84 percent. “Mortgage rates ticked back up this week, continuing to approach 7 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into the holidays, purchase demand remains in the doldrums. While for-sale inventory is increasing modestly, the elevated […]
Contract Lumber Acquires Cedar Supply: A New Chapter in Texas
We are thrilled to announce that Contract Lumber is acquiring Cedar Supply, a family-owned company that has been a cornerstone of the cedar business in Texas for over fifty years. This acquisition is driven by our admiration for Cedar Supply’s culture, their dedicated team, and their strategically located facilities throughout the state. Expanding Our Footprint […]
Floor & Decor Announces Grand Opening of West Chester, Ohio Store
Leading high-growth retailer specializing in hard-surface flooring offers homeowners and professionals the industry’s broadest in-stock selection of tile, natural wood, natural stone and more celebrates its second warehouse location in the Cincinnati metropolitan area Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of […]
Statistics Canada: Investment in Building Construction, September 2024
Investment in building construction rose 2.1% to $21.6 billion in September, following a 0.2% increase in August. The residential sector increased 2.9% to $15.2 billion in September, while the non-residential sector edged up 0.3% to $6.4 billion. Year over year, investment in building construction grew 6.7% in September. On a constant dollar basis (2017=100), investment in building construction increased 1.6% from the previous month […]
Jewett-Cameron Reports Fiscal 2024 Full Year and Fourth Quarter Operational and Financial Results
Jewett-Cameron Trading Company Ltd., a company committed to innovative products that enrich outdoor spaces, announced operational and financial results for the fiscal 2024 full year and fourth quarter for the period ended August 31, 2024. Recent Financial Operational Highlights [1] This is the current asking price, and there is no guarantee the property will sell […]
Do it Best Vice President of Information Technology Announces Retirement
After nearly 20 years of service, Vice President of Information Technology John Mergy announces his retirement. John first joined Do it Best as the manager of the IT division’s project management office, quickly advancing through leadership roles as divisional manager of application development and director of application portfolio management. In 2018, he was appointed Vice […]
Oldcastle APG Acquires Yardzen, Enabling an Unmatched Outdoor Renovation Experience for American Homeowners
Strategic investment in new technology bolsters Oldcastle APG’s digital solutions offering Oldcastle APG, a CRH Company, has acquired a controlling interest in Yardzen, the leading online landscape design and build platform. The addition of Yardzen enhances Oldcastle APG’s existing design capabilities and strengthens its commitment to utilizing innovative digital technologies that bring solutions together for […]
Cameron Ashley Hires Scott Dionne as VP Building Systems and Canopy Solutions
We are pleased to announce that Scott Dionne has joined Cameron Ashley Building Products (Cameron Ashley) as Vice President Building Systems and Canopy Solutions. In his new role, Scott will drive the strategic development and growth of our Canopy product line, focusing on innovative solutions that meet the unique needs of our customers. He will […]
Lunawood Establishes Production in the U.S. through Joint Venture with Atlanta Hardwood Corporation
Oy Lunawood Ltd and Atlanta Hardwood Corporation are pleased to announce the formation of a joint venture, Lunawood LLC. This new entity will oversee the procurement, production, and sales of ThermoWood® and other thermally modified products across North America. Effective January 1, 2025, all North American Lunawood sales, including products manufactured at Lunawood’s Finnish facilities, will be […]