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Recent Articles

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Zacks names Trex, Boise Cascade, LP and Jeld-Wen as wood stocks to keep an eye on; wood building products industry has positive outlook amid favorable housing market conditions, increased funding for infrastructure and carbon/ESG-related projects

Moody's predicts solid 2024 for US homebuilders, sees new US home sales rising 5% this year on healthy job market and strong demand among millennials; average rate on 30-year fixed mortgage forecast to drop to 6.4% by Q4

Zacks: Builders FirstSource's Q4 earnings and sales beat estimates, despite challenging operating environment in 2023, where single-family starts saw significant reduction; net sales fell 4.7% year-over-year on slowdown in residential construction demand

Colorado's Timber Age Systems awarded US$3.8M state loan to build a factory for panelized homes in Mancos; its exterior home panels are made of CLT from wildfire-prone forests, expects to produce 122 units per year, built to passive house specification

RBC highlights wood products news for week of Feb. 19: Lumber prices rise, but OSB declines; January housing starts and housing permits come in below consensus; builder sentiment rises for third consecutive month, marking highest level since August 2023

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