Industry News

single-family construction

Single-family construction slowdown less pronounced in lower density markets 

Meanwhile, multifamily market growth remained strong throughout much of the nation.

Zillow report: Four in five adults support more homes in neighborhood to boost affordability

The survey was the largest ever conducted by Zillow, with more than 14,000 respondents in 29 metro areas across the country.
Jason Lewis - DSI

Jason Lewis joins DSI as territory manager

Lewis will cover the states of North Dakota, South Dakota, Minnesota, Wisconsin, and Illinois.

Do it Best’s June new hires and promotions

Nine new hires and three promotions announced.
ABC Supply

ABC Supply raises $3 million for Homes for Our Troops at Indianapolis 500

AJ Foyt Racing’s stars-and-stripes-clad “500” car raced to a third-place finish in the fundraising collaboration. 
Green Tree Risk Partners

ABM rebrands to Green Tree Risk Partners

The company name has deep roots in the history of the city of Philadelphia.

PPG invests $44 million to boost powder production

The investment includes $30 million for U.S. plants and $14 million for facilities in Latin America.
Westlake Ace fan drive

Westlake Ace and The Salvation Army partner for June Fan Drive

The Fan Drive, now in its 11th year, began as a grassroots effort in Hutchinson, Kansas, and has grown to encompass 129 Westlake-Ace stores nationwide.
mortgage rates

Mortgage rates climb toward 7%

30-year fixed-rate mortgages averaged 6.79% as of June 1.
builders, housing starts single-family housing starts, production starts lumber prices housing production

Low existing home inventory boosts buyer interest in new homes 

Sales of newly built, single-family homes increased in April, reaching the highest level since March 2022. 

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