The City Home Builders

06/05/2024

07/17/2022

The construction sector is having a boom year, as consumers and companies pour more dollars into building infrastructure. But a cement shortage — caused by the confluence of a shrinking workforce, inflation, increased demand and issues at major plants — is creating serious issues for the industr...

05/04/2022

09/21/2021

Homebuilder sentiment improved for the first time in three months as lumber prices eased.

09/16/2021

Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the spring have crashed back down to earth.

07/07/2021

Lumber prices have tanked by 56% since their peak of nearly $1,700 per thousand board feet in May. Shortages and sky-high demand are both easing.

06/23/2021

https://globalnews

Not so long ago, the price of building materials was sending construction costs through the roof.

06/18/2021

The supply of existing homes shrank 30% over the last year, while the last two decades saw 5.5 million fewer units built.

06/16/2021

Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.

06/15/2021

Lumber prices are now down roughly 40% from their May 7 peak, but are still up over 175% over the past year.

05/27/2021

Canadian homeowners will soon be able to apply to a new federal government program that offers grants for energy-efficient home upgrades.