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Canadian housing starts rebounded more than expected in February as groundbreaking increased on multiple-unit urban homes but analysts were doubtful that the pickup in activity, seen key to relieving a housing shortage, would be sustained.... [more...]
French construction materials company Saint-Gobain said it had signed a definitive agreement to buy Australian peer CSR Limited, opens new tab in a deal with an enterprise value of A$4.5 billion ($2.95 billion).... [more...]
The 20th edition of the Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), achieved remarkable success this year as it arranged an eventful show. It attracted 14581 visitors from various countries worldwide, reaffirming its importance and leadership position in the region’s wood industry.... [more...]
The European Woodworking Industries are greatly concerned regarding information disclosed about the EU Deforestation-Free Products Regulation (EUDR)...... [more...]
Multifamily housing starts are predicted to decline in 2024, according to the National Association of Home Builders (NAHB). Meanwhile, the remodeling sector remains on solid ground and will hold steady this year.... [more...]
Mercer Mass Timber, a subsidiary of Mercer International Inc., announced the launch of its mass timber erection division: Mercer Mass Timber Construction Services. ... [more...]
U.S. single-family homebuilding fell in January, but an easing in mortgage rates and improvement in homebuilder confidence suggested the recession-hit housing market was close to finding a floor.... [more...]
Total Japanese housing starts fell 4.0% in December to finish at 64,586 units. Owner occupied starts fell 13.8%, registering the 25th consecutive monthly decline. Rental housing trailed year prior levels by 3.6%.... [more...]
Although remodeling is still high on many US homeowners’ lists the National Kitchen & Bath Association’s (NKBA) forecastss a 2% year-over-year decline in 2024.... [more...]
Saint-Gobain has signed a binding agreement for the sale of its treated timber products (utility poles, fencing and railway sleepers) manufacturing brands: PDM in Ireland and Calders & Grandidge in the UK – to the Iivari Mononen Group.... [more...]