The seasonal wind-down proceeded apace this week, with players increasingly distracted by the prospect of relaxing with family and friends over the Holiday break. Commodity prices were largely flat or close to the previous week’s levels. In the week ending December 13, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD […]
Lumber Price Index for Week Ending December 13, 2024
The Madison’s Lumber Prices Index for the week ending December 20, 2024 is: US$470 mfbm. This is down -5%, or -$24, from the previous week when it was US$494. This is down -7%, or -$34, from one month ago when it was US$504. About Madison’s Lumber Reporter Established in 1952, Madison’s Lumber Prices is your […]
NAR: Existing-Home Sales Elevated 4.8% in November
Existing-home sales ascended 4.8% in November to a seasonally adjusted annual rate of 4.15 million, the swiftest pace since March (4.22 million). Sales accelerated 6.1% from one year ago, the largest year-over-year gain since June 2021 (+23.0%) The median existing-home sales price rose 4.7% from November 2023 to $406,100, the 17th consecutive month of year-over-year […]
Freddie Mac: Heading into the Holidays, Mortgage Rates Increase
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.72 percent. “This week, mortgage rates crept up to a similar average as this time in 2023,” said Sam Khater, Freddie Mac’s Chief Economist. “For the most part, mortgage rates have moved between 6 and 7 percent over […]
Floor & Decor Announces Grand Opening of Littleton, Colorado 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 eighth warehouse location in Colorado Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its eighth warehouse […]
Tractor Supply Named One of Computerworld’s Best Places to Work in IT
Rural lifestyle retailer celebrates third appearance on annual list, recognizing its commitment to providing career-growing opportunities and industry-leading benefits Tractor Supply Company, the largest rural lifestyle retailer in the United States, announced it has been named a Computerworld 2025 Best Place to Work in IT. The award recognizes the top organizations that challenge their IT […]
CoreLogic: Rent Growth Continues to Slow
U.S. Single-Family Rent Prices Increased 1.7 Percent Year Over Year in October 2024 CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today 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 […]
Owens Corning Earns Place on Dow Jones Sustainability World Index for 15th Consecutive Year
Owens Corning earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 15th consecutive year and on the DJSI North America Index for the seventh consecutive year, with industry-leading assessment scores. The DJSI World comprises an elite listing of the world’s largest companies based on long-term economic, environmental, and social criteria. […]
Statistics Canada: Investment in Building Construction, October 2024
Overall, investment in building construction decreased 1.1% (-$243.3 million) to $21.4 billion in October, after a 2.6% increase in September. Year over year, investment in building construction grew 3.4% in October. In October, investment in the residential building construction sector decreased by $312.3 million to $14.9 billion, while investment in the non-residential sector rose by $69.0 million to $6.5 billion. Investment in multi-unit construction […]
Koppers Again Named Among America’s Most Responsible Companies by Newsweek
Fifth Consecutive Year of Recognition and Highest Ranking Ever Koppers Holdings Inc., an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named to America’s Most Responsible Companies 2025 list by Newsweek magazine for the fifth consecutive year. Koppers achieved its highest placement ever, ranking No. 113 out of 600 finalists and No. […]