new home sales

Woodworking Industry News

New home sales up 7.3% in April

WASHINGTON -- Sales of new single-family homes increased 7.3% to a seasonally adjusted annual rate of 323,000 units in April, their best pace since December of 2010, according to figures released by the U.S. Commerce Department.

Woodworking Industry News

New-home sales fall to record low

WASHINGTON -- Cabinetry and wood interiors products are again at risk as sales of newly built, single-family homes declined dramatically in May following the expiration of a popular home buyer tax credit program in the previous month, according to newly released figures by the U.S. Commerce Department.