New Home Construction Drops - Jul 22, 2022
Higher interest rates are hampering mortgage affordability for single-family homes, which reached a two-year low. Single-family home construction is a major driver of demand for lumber and wood products.; NWPCA to Hold Fall Plant Tours in October, Focusing on Sawing Technology: The event will be held October 18-19 in Augusta, Georgia. Battle Lumber Company in Wadley, Georgia, and Heart Wood Products in Warrenton, Georgia, host this year’s tours.; NEWS IN BRIEF: UFP Industries has acquired a 50% stake in Dempsey Wood Products, LLC.
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