Single-family starts increased 4.2% to a 1.10 million seasonally adjusted annual rate.
June 17, 2021
Overall housing starts increased 3.6% in May to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Multiple trends are anticipated to help silicone sealants experience strong demand from the construction industry through 2027.
June 17, 2021
Silicone sealants offer excellent chemical and thermal stability while also providing energy savings, which helps in lowering greenhouse gas emissions. The global silicone sealants market is projected to register a CAGR of 4.2% from 2019-2027, according to a report from Trends Market Research.
The latest NAHB/Wells Fargo Housing Market Index in May shows that builder confidence in the market for newly built single-family homes is unchanged from April.
June 3, 2021
Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber.
As builders look for better sealant and adhesive solutions for their remodeling and construction projects, several new industry product trends are emerging.
Adhesives and sealants are critical tools for building projects and on the job site. As builders look for better sealant and adhesive solutions for their remodeling and construction projects, several new industry product trends are emerging.
Whether protecting new, existing, or repaired concrete from deterioration, sealers/water repellents can play an important role in durability for the construction industry.
The past 20 years have seen the increasing use of concrete sealers in the construction industry. Sealers are applied to concrete primarily to keep water and water-soluble compounds from entering the concrete through the surface pores.
New home sales increased in the Midwest, the South, and the West, while decreasing in the Northeast.
March 10, 2021
Strong demand stemming from low interest rates, favorable demographics, and a suburban shift for home building to smaller, more affordable housing markets helped to lift new home sales in January 2021, but rising lumber and material costs threaten to blunt this momentum.