Mortgage rates continued to rise further past 7% this week. Meanwhile, diminished homebuying demand is beginning to reflect in home price data.

Home resales, which account for a large portion of U.S. housing sales, decreased 3.5% on a year-on-year basis in September.

Good morning, ladies and gentlemen, and welcome to the West Fraser Q3 2024 Results Conference Call. [Operator Instructions] This call is being recorded on Thursday, October 24, 2024. During this ...

We think West Fraser has a sound capital structure, and its consistent free cash flow generation should easily support its debt-service requirements and future capital-allocation decisions. The ...

West Fraser Timber (TSX,NYSE:WFG) posted an US$83 million loss in the third quarter, with its lumber segment accounting for ...

When it comes to inflation, the real estate market is a bit of a different animal, according to experts. “Real estate is a ...

It hiked rates by 525 basis points in 2022 and 2023. Stocks on Wall Street traded higher. The dollar slipped against a basket of currencies. U.S. Treasury yields dipped. The producer price data ...

Though cynics may question her motives, Kamala Harris’ recent call to ban price gouging on groceries ... That was unchanged from 2022. This includes expenditures for both food at home ...

Retailers, restaurants and other companies spent years lifting prices. Now that consumers are closing their pocketbooks, some companies are turning to discounts to win back business. Businesses ...

WASHINGTON (Reuters) -U.S. producer prices were unchanged in September as ... It hiked rates by 525 basis points in 2022 and 2023. Stocks on Wall Street traded higher. The dollar slipped against ...

The development of consumer prices, especially regarding energy prices (household energy and fuels), caused noticeable financial pressure on private households in 2022 in particular, but also posed ...

Lumber demand and prices are at record lows and mills across the country are struggling to keep afloat.” In its press release, the U.S. Lumber Coalition says that the increased levels of unfair trade ...