Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the National Association of Home Builders (NAHB) and the National Lumber and ...
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released recently. The list includes entrants from ...
Tags: Housing Markets, IMI
New-home production and remodeling contribute billions of dollars to the nation's economy each year, and with the right policies in place housing can serve as a catalyst to boost job and economic growth, the National Association of Home ...
Tags: Builders, Pro-Housing Policies
A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nationwide housing starts to a seasonally adjusted annual rate of 853,000 units in April, ...
Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during the Realtors Midyear ...
Tags: Housing, Economy, Construction&Decoration, mortgage interest
Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
Case goods manufacturer and importer Stanley Furniture said its first quarter sales were 2.7% below last year's first quarter and the company's net loss widened to $2.09 million. Sales, however, were 11.4% ahead of the fourth quarter of ...
Tags: Stanley Furniture, Furnishing
Havertys first quarter sales jumped 13.8% and same-store sales were up 11.5%, as the Top 100 company cited standout merchandising and marketing and a continuing housing recovery working in its favor. Sales for the period ended March 31 ...
Tags: Havertys Sales, Havertys
BOSTON — Sales via mobile devices are rising fast for Joss & Main, a private sale site for home furnishings and decor, the company reports. The two-year old flash sale retailer, which exceeded 3 million members earlier this year, ...
Tags: mobile device, home furnishing, decor
NEMA’s Lighting Systems Index increased in the fourth quarter of 2012 after a decline in the third quarter, growing 1.9 percent on a quarter-to-quarter basis and by 3.3 percent on a year-over-year basis. Lighting equipment demand has ...
Dr. Esmael Adibi, economist with Chapman University, was so popular when he addressed attendees of the American Architectural Manufacturers Association (AAMA) a few years ago that he was invited back this week to the association’s ...
Tags: Dr.Esmael Adibi, Chapman University, AAMA
The "stubbornly high" level of the dollar strengthens the case that the Reserve Bank will need to cut interest rates by as much as 100 basis points this year, according to ANZ Bank chief economist Warren Hogan. Despite the likelihood ...
Tags: Reserve Bank, ANZ Bank, Dollar, RBA
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
Those who are familiar with my work know that I like it when investment ideas remind me of prior decisions that have worked out well.Corning(GLW)reminds me of other cyclical stocks that have done well once earnings estimates first start to ...
Tags: Corning, cyclical stocks, LCD glass
For some reason, investors seem to be wary of stocks. It may be because bonds have beaten the stuffing out of stocks for the past 20 years. It may be the stream of scandals plaguing Wall Street. Or it may be that they are Facebook ...
Tags: market view, timber, housing