OnWood manufactures buildings to 90% completion indoors for Western European delivery by early 2027.
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Median existing-home price rose 1.8% year-over-year to $440,600.
The 15-year fixed mortgage rate also increased from the previous week, while both benchmark rates remained below year-earlier levels.
AutoTranslate AI converts floor plan images into 3D data models for accurate material takeoffs.
Combined entity targets $150 million in cost synergies with Andy Nemeth as CEO and headquarters in Elkhart, Indiana.
Chicago leads with 6.5% gain while Seattle drops 2.3% as regional dispersion persists.
The 15-year rate fell to 5.79%, and both rates were lower than a year earlier.
The company recovered 119,000 board feet overall, with portions planned for glulam columns, nonstructural CLT facing and other architectural uses.
Local hardwood species cover 77% of England’s woodland area, but 85% of the harvest goes to energy use as the UK imports 68% of its lumber.
Private new single-family construction fell 0.1% from April, while public construction spending was estimated 0.5% higher.
Purchase activity eased modestly while refinance activity picked up as rates remained relatively stable in the six weeks to June 25, 2026.
President postpones approval of housing legislation while calling for passage of a separate voter identification measure.
Elevated mortgage rates and economic uncertainty weigh on buyer demand as new-home inventory reaches a 10.3-month supply.
15-year fixed rate declined to 5.81% while retail sales and pending home sales improved.
Slower household formation, reduced immigration, weak home sales, and a shortage of low-cost housing are expected to weigh on demand and affordability.
Housing starts ran at a 1.18 million annualized pace in May as multifamily starts dropped; single-family starts were 882,000 units.
The project will assess converting industrial-grade logs into fully fitted mass timber modules for hotels, housing and offices.
15-year rate also rose while employment momentum lifted existing-home sales to a five-month high.
Both non-residential and residential sectors contributed to the monthly decline, with institutional and multi-family components posting the largest losses.
Wood processing, pulp, paper and building material prices stayed below year-earlier levels, while overall industrial producer prices rose on higher raw material and mining costs.