Financial

Pending home sales edge ahead
The latest Pending Home Sales Index ends six straight months of declines.
New home sales move ahead in May
Sales of new single-family homes jump 39.3% in the West as prices continue to climb.

Two takes on lumber tariffs
U.S. officials provide different opinions on what’s ahead for a new Canadian Softwood Lumber Agreement.
JCHS: Pricing pressure in the forecast
The latest “State of the Nation’s Housing” report indicates 92% of renters can’t afford a down payment.
Pacific Woodtech buying LP's EWP business
The $210 million deal includes LVL and I-joist manufacturing facilities in North Carolina, California, and British Columbia.
Lessons in LBM mergers and acquisitions
What's life like after the deal is done? Insights from executives who’ve been there.
Existing-home sales fall again
The median existing single-family home price climbs 14.6% to $414,200 in May.
Miller Lumber Company joins Kodiak Building Partners
Miller operates locations in Bend and Redmond, Ore.
EYE on RETAIL: Consumers pull back in May
May sales fell in nearly half the categories on a monthly basis.
Housing starts topple in May
Single-family starts see a 9.2% decline for the month and a 5.3% drop compared to a year ago.
PPG sells traffic equipment segment
Paint giant sells its Eberle Design traffic safety equipment unit to Vance Street Capital.
NAHB warns of "troubling" signs for housing
Builder confidence falls for a sixth straight month to lowest reading since 2020.
Home builders see sizeable demand decreases
The monthly BTIG/Homesphere Home Builder Survey shows just 20% of builders reported year-over-year traffic growth.
Boise Cascade makes a "Coastal" plywood acquisition
The company is purchasing two Coastal Plywood Company manufacturing locations in Alabama and Florida.