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Confidence in the US remodeling market fell 17 points year-over-year on NAHB's index to a reading of 66 in Q4; remodeling activity projected to experience slowing nominal growth rate, but expected to outperform new residential construction: NAHB

US builder confidence in market for newly built single-family homes rose four points to 35 in January; increase due to a modest drop in interest rates: NAHB

UFP Retail Solutions to showcase Deckorators and UFP-Edge innovations at International Builders’ Show in Las Vegas, Jan. 31-Feb. 2; products to include decking, railing, thermally modified wood, Pro Column structural support posts, Native Woods Shiplap

CIBC: US housing starts in November meet expectations, down 1% month-over-month, while permits lag estimates, down 11%; NAHB/HMI report elevated mortgage rates and 30%+ year-to-date increase in construction costs continue to weigh on builder confidence

US single-family starts fell 4.1% in November to an 828,000 seasonally adjusted annual rate, multifamily starts increased 4.9% to annualized 599,000 pace; housing market continues to weaken due to high construction costs, elevated interest rates: NAHB

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