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Recent Articles

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West Fraser Timber reports Q2 results with US$1.71B in sales and US$105M in earnings; Q2 results benefited from relative strength in new home construction demand that carried over from the prior quarter

LMC officially launches Modular Division following integration of the Manufactured Housing Buyers Group; new Modular Division will be led by Jay Wilson, former Chief Negotiator of MHBG

Taylor Morrison reports US$199M net income for Q2 2024; revenue hits US$1.9B from 3,200 home closings at US$600,000 average price, plans to deliver up to 12,800 homes in 2024

US sales of new single-family homes in June were at a seasonally adjusted annual rate of 617,000, down 0.6% from May and 7.4% year-over-year; median sales price was US$417,300, for-sale inventory was 476,000 at the end of June: Dept. of Commerce

Austin ranks as top rental market with 19.7% rent-to-income ratio and 9.0% vacancy rate; Oklahoma City and Birmingham follow due to rental affordability, availability, and job growth

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