LBM Daily Editor

LAS VEGAS — The United States may be short of homes, even as builders keep on building. But where are these new houses going up? Research from the National Association of Homebuilders, or NAHB, has identified the top five markets where builders are building the most single-family homes. The NAHB looked at permits issued through
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The Bank of England believes inflation has probably peaked, in the UK and other advanced economies too. In a summary of today’s decision, the Bank says: Global consumer price inflation remains high, although it is likely to have peaked across many advanced economies, including in the United Kingdom. Wholesale gas prices have fallen recently and
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After a year of consistent interest rate hikes and stubbornly high inflation, housing construction slowed across Canada in December. According to recent data from Statistics Canada (StatCan), the total value of building permits issued in December fell to $10.3B, a monthly decline of 7.3% and down 9.3% from a year prior. The residential sector accounted
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West Fraser’s Hinton Pulp mill has successfully transitioned according to plan, moving from a two-line Northern bleached softwood kraft pulp mill to a single-line unbleached kraft pulp mill. “Thanks to the commitment and ingenuity of employees, the safe and timely transition was completed by mid-October,” read a prepared statement from Joyce Wagenaar, director of communications
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