Posts Tagged ‘ strong demand ’

Quanex Building Products Announces Latest Financials and Future Outlook

Mar 7th, 2022

Quanex Building Products Corp. has announced its results for the three months ended January 31, 2022. The company reported net sales of $267.0 million during the three months ended January 31, 2022, which represents year-over-year growth of 16.0%. The increase was largely attributable to volume increases in the fenestration segments combined with higher prices related […]

Builder Sentiment Dip in Face of Higher Material Costs, Interest Rates

Mar 18th, 2021

The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes fell two points to 82 in March. High buyer traffic and strong demand, wasn’t enough to keep builder sentiment up in March as rising lumber and other material prices pushed […]

Door and Moulding Execs Talk Supply and “Unprecedented Challenges” Amid High Demand

Mar 4th, 2021

When members of the door, moulding and millwork industry gathered last week to talk about the current state of the market, a few themes reigned supreme. Door sales are robust, companies are busy serving current customers, rather than looking for or taking on new ones, and huge challenges in material availability, particularly lumber, prevail. This […]

January: New Home Sales Higher, Supply Concerns Remain

Feb 26th, 2021

A combination of low interest rates, favorable demographics and a suburban shift for home building to smaller, more affordable housing markets created a strong demand that helped to lift new home sales in January, but rising lumber and material costs continue to threaten the momentum. Newly released data by the U.S. Department of Housing and […]

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