According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level […]
Sales of newly built, single-family homes in July rose 10.6% to a 739,000 seasonally adjusted annual rate from significant upward revisions in June, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in July is up 5.6% from a […]
Despite higher interest rates, new home sales rose in March due to limited inventory of existing homes. However, the National Association of Home Builders (NAHB) predicts that the pace of new home sales will be under pressure in April as mortgage rates moved above 7% in April, which is expected to moderate sales and increase […]
According to market research conducted by Persistence Market Research, the global Corrugated Packaging Market is poised for a 6.2% CAGR (2023-2033), driven by e-commerce demand, environmental concerns, and a rising preference for customized solutions, with a focus on reusable packaging across diverse sectors. Currently the market is valued at $217 billion, but it is estimated […]
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