Month: July 2024

The U.S. lumber market is struggling with weak demand and oversupply, leading to significant pressures on prices. Sky-high home prices and elevated mortgage rates have led to record-low housing affordability, curbing demand for new homes and consequently lumber. Home builder confidence has declined, and home renovation activities, which surged during ...

The U.S. Supreme Court has ruled states can enforce laws banning homeless encampments, causing nearly a dozen states to introduce such ordinances this year. A recently signed bill in Florida restricts sleeping in public places and mandates temporary campsites when shelters are full. Similar laws were considered or enacted in ...