Industry News

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- Industry News

The return to a “normal” housing market, where supply and demand are in balance and prices are rising 2 percent to 3 percent a year, is still, unfortunately, years away.

- Industry News

Most of this week’s economic reports that dealt with the consumer continued to flash warning signals.

- Industry News

Mark Vitner, a senior economist with Wells Fargo Securities, is firmly in the camp of economists who can’t envision a turnaround in America’s economy without a sustained rebound within its housing industry.

- Industry News

KB Home reported revenues of $367.3 million for its third fiscal quarter, down 27% from $50 million in the third quarter of 2010.

- Industry News

Crow's Construction Materials Cost Index is a price index of lumber and panels used in actual construction for Sept. 23, 2011

- Industry News

Universal Forest Products has named David Tutas as general counsel of the corporation. He succeeds Matthew Missad, who was appointed CEO earlier this year.

- Industry News

The Washington Department of Labor & Industries (L&) is investigating two separate deaths within 2 weeks involving workers electrocuted by high voltage power lines.

- Industry News

Safety and health stakeholders now have until Oct. 28 to offer their comments on OSHA’s proposed revisions to its occupational injury and illness reporting requirements.

- Industry News

On a price-to-rent basis, the Composite 20 index is back to September 2000 levels, and the CoreLogic index is back to July 2000.

- Industry News

A three-judge panel fallowed a class-action suit against eight large home builders over the impact of risky mortgage lending on homeowners in planned communities to proceed.

- Industry News

The biggest drag on housing has been the huge imbalance in the market: too little demand versus an overhang of supply.

- Industry News

The  $447 billion American Jobs Act contains a mix of helpful and worrying proposals for the housing sector.

- Industry News

NAHB’s multifamily production index (MPI) rose for a fourth consecutive quarter in the second quarter of 2011 to 44.4.  It is the highest quarterly reading since 2006.

- Industry News

The statement following the Federal Reserve Board’s FOMC meeting on September 21 downgraded the assessment of the economic recovery.

- Industry News

OSHA and NIOSH recently issued a 20-page nail gun safety guide for construction contractors.

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