The Wall Street Journal: Lumber prices have shot to fresh records, defying the normal winter slowdown in wood-product sales in a sign that the pandemic building boom is bowling into 2021.
From NAHB: It is with deep regret we announce that the technology issues pertaining to the IBSx exhibitor platform could not be resolved. The situation evolved rapidly and rectifying these challenges proved more complex than anticipated. As a result, the show floor featuring IBSx exhibitor booths will not be moving forward as planned this week, but will be postponed to a later date. We are investigating alternative solutions to allow the exhibit experience and virtual booths to open in the near future.
Due to ongoing technical issues with the KBIS Virtual and IBSx platform, access to all exhibitor booths within the IBSx Expo Hall is inaccessible. NAHB is investigating alternative solutions that may allow the Expo Hall to open in the future.
IBSx show programming including the General Sessions, Gamechangers, the Sales Rally, the Demo Zones and Shop Talks will continue as scheduled, February 10-12, 2021.
Be sure to look for updated links to participate in planned IBSx education programming.
NAHB - Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today.
There are two 55+ HMIs measuring distinct segments of the 55+ housing market: single-family homes and multifamily condominiums. Each 55+ HMI measures builder sentiment based on a survey that asks if current sales, prospective buyer traffic and anticipated six-month sales for that market are good, fair or poor (high, average or low for traffic).