
The ISM Manufacturing PMI rose to 55.5% from 54.5% in September.

The ISM Manufacturing PMI rose to 55.5% from 54.5% in September.

Single-family construction was 2.4% below a year earlier.

The maker of connectors for wood construction raised the low end of its 2026 margin forecast and approved a $1 billion share buyback.

The mass timber group will move production to three other Austrian sites by year-end, and most of the plant's 40 workers will stay with the company.

Minnesota-based Andersen, which bought the window and door maker in 2017, did not disclose terms; the deal is expected to close in December.

Goldman Sachs forecasts single-family starts of 870,000 and existing-home sales of 3.9 million next year, before lower mortgage rates revive activity in the second half.

Wooden starts rose 2.3%; January–September starts were up 1.6% from a year earlier.

The Texas homebuilder lifted orders 3% with incentives of 11% and says owning and developing its own land has largely locked in its lot costs.

Housing permits, a guide to future construction, fell 44.3% to 25,938 units; January–September starts were up 1% from a year earlier.

Manufactured home shipments rose 2%, while net income fell 40% as sales to RV makers dropped 15%.

Net sales orders fell 7% and cancellations rose to 23%; the largest U.S. homebuilder expects incentives to stay elevated and fiscal 2027 revenue of $30 billion to $32 billion.

The 15-year fixed mortgage rate declined, reaching 6.60% from 6.68% a week earlier.

Higher mortgage rates affected orders and deliveries; the company expects 9,350 to 9,650 home deliveries and $3.3 billion to $3.4 billion in 2026 home sales revenue.

The median monthly mortgage payment rose 10.7% from a year earlier to $2,786, the second-highest level in Redfin records.

Constrained affordability weighed on consumer sentiment; management expects unpredictable market conditions over the next several quarters.

Northeast and Midwest prices gained 4.0% and 3.6%, while West prices fell 0.6%.

Homebuilding revenue rose 3% to $942 million while homebuilding gross margin fell to 14.9%; the company maintains 2026 guidance for approximately 9,250 home closings.

Owner-built housing completions are down 20.8% and apartment-building completions up 2% so far in 2026 compared with the same period last year.

The 20-City Composite rose 2.7%, while home values fell in real terms for the 15th month in a row as inflation held at 3.4%.

Sales of new single-family homes were 676,000 in September from a revised 680,000 in August and were 5.3% below a year earlier.