Despite supply issues, the remodeling industry is experiencing strong demand and increased optimism.
October 19, 2021
The National Association of Home Builders (NAHB) recently released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter, posting a reading of 87, up five points from the third quarter of 2020.
Of the homeowners surveyed, 70% plan to purchase eco-friendly materials for their next renovation.
October 15, 2021
U.S. homeowners have an overwhelming desire for more information, more choices, and more action across the industry for eco-friendly construction materials and practices, according to the 2021 3M Home Renovation Study.
A recent study finds that naphthenic oils can offer a viable alternative to silicones in construction sealants. A newly developed range of specialty oils also provides formulators with the right balance between viscosity, color stability, and volatility.
Single-family starts decreased 4.5%, and the multi-family sector decreased 13.1%.
September 9, 2021
Supply chain and labor challenges helped to push overall housing starts down 7% to a seasonally adjusted annual rate of 1.53 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
In August, builder sentiment in the market for newly built single-family homes fell five points to 75.
August 26, 2021
Higher construction costs and supply shortages, along with rising home prices, pushed builder confidence to its lowest reading since July 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
The summit included a small group of representatives from builders, lumber companies, retailers, realtors, loggers, and labor unions, as well as other companies and organizations.
August 23, 2021
The Adhesive and Sealant Council (ASC) recently announced that Bill Allmond, ASC president, participated in a White House summit on July 16, 2021, to discuss supply chain disruptions in the homebuilding industry.
It’s clear that we are entering a new age of innovation, and nowhere is this more apparent than in the performance chemical sector. As commerce reactivates following a turbulent and unpredictable year across every sector, many brands operating in the adhesive, sealant, and coating markets are looking toward the next wave of new product development.
The MAPEI products that include SCS Indoor Advantage Gold certification have been vetted by an ISO-accredited, third-party certification body and tested by an industry-independent laboratory.
August 9, 2021
MAPEI Corp. recently announced that it has completed the certification process for SCS Indoor Advantage™ Gold 2021 and now has a total of over 375 products (in the U.S. and Canada) that are certified for low volatile organic compounds.
NAHB CEO Jerry Howard testified during a hearing of the House Ways and Means Subcommittee on Oversight on the topic of expanding housing access to all Americans.
July 21, 2021
Jerry Howard, CEO of the National Association of Home Builders (NAHB), recently testified before Congress and called on lawmakers to enact key policy proposals that will help home builders expand the housing supply, reduce the housing deficit, and improve housing affordability for all Americans.