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Recent Articles

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USDA's Forest Service US$74M grant program to help fund 171 project proposals for wood products economy, with US$7M going to 10 Tribal proposals; projects include housing using mass timber, converting heating systems in schools to biomass boilers

Owens Corning completes US$3.9B acquisition of Masonite, expanding its leadership position in branded residential products with a new scalable platform; company appoints Masonite's Chris Ball as president of doors business

Alberta's Nelson Lumber receives investment from KV Capital to launch building products portfolio; company supplies commercial and residential building products for renovations, new home construction, makes ready-to-move and prefab homes via Nelson Homes

Canadian home sales increased 10.1% year-over-year but decreased 1.7% month-over-month in April; number of newly listed properties rose 2.8% month-over-month, national average home price decreased 1.8% year-over-year to C$703,446: CREA

US builder sentiment declines for the first time since November 2023; mortgage rates averaging above 7% and new energy codes are cited as reasons for the drop: NAHB

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