Kodiak Building Partners, a building materials distribution acquisition firm based in Highlands Ranch, Colo., has acquired Diamond Home Improvement (DHI). In a press release, Kodiak says the acquisition will expand its market reach in the Northwest, providing building materials and lumber, doors and windows, moulding and millwork, and more quality tools and materials. Diamond Home […]

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

More than 10,000 National Association of Homebuilders (NAHB) members from all 50 states, the District of Columbia and Puerto Rico sent a letter to President Biden on April 27, the organization reports, calling on the White House to take immediate action as the growing housing affordability crisis is pushing the housing market to an inflection […]

This blog is going to be short, but sweet. And it’s on a topic that has potential impacts for the continued health of the U.S. building market: lumber. As most of you are aware, Canada subsidizes its lumber industry by allowing public land to be harvested. In the U.S., timber is harvested on private lands, […]

The latest Wood Markets annual survey of the “Top 20” Canadian and U.S. softwood lumber producers shows modest gains in both countries in 2013 as lumber demand continues to rise in the U.S. and in key export markets. U.S. softwood lumber shipments increased 5.1 percent to 30.0 billion board feet (bf), whereas Canadian production rebounded […]

Sawlog prices trended upward throughout the world in the fourth quarter of 2013 and the Global Sawlog Price Index (GSPI) rose to $88.78 (USD) per cubic meter. This was the highest level in more than two years and the third highest price on record since the inception of the Index in 1995, reports the Wood […]

North American and global softwood lumber markets are forecast to continue expanding in 2014, but at a slower rate than was previously forecast, according to the report Wood Markets 2014—The Solid Wood Products Outlook: 2014 to 2018, released by International Wood Markets Group. The rapid expansion of North American lumber demand and an imbalanced supply chain […]

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index release by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for the month and are 1.2 percent higher than one year ago. “In a world characterized […]

As more and more tax-regulating legislation and proposals get tossed around in the door and window and building materials/lumber industries, here’s a look at several that could affect your company and what you need to know about them. Marketplace Fairness Act of 2013: This proposed law, which will set up and enforce state tax on […]