The reading is down 4.5 percentage points from November and marks the lowest level since July 2024.

Fourth-quarter sales fall 12.1% as the company cites housing affordability constraints, weak consumer confidence, and lower commodity pricing.

Exports of lumber from Norway rose 4%.

The industry cites U.S. import tariffs as a factor behind weaker U.S. exports and higher import pressure in Germany.

Open unemployment among construction workers rises to nearly 16,200, while 175 construction firms file for bankruptcy.

At a median home price of $413,595 and a 30-year mortgage rate of 6%, 88.2 million households are priced out, and a $1,000 increase prices out 156,405 more.

Price for plywood imported to Kazakhstan increased 28%.

Price for lumber imported to Kazakhstan increased 8%.

Exports of logs from Norway changed slightly 0.8%.

The comparison uses a 1950=100 index, while economy-wide labor productivity more than doubles over the same period.

Price for OSB exported from Norway downed 1.5%.

Imports of wood chips to South Korea slipped 3%.

Price for particleboard and OSB exported from Russia to Uzbekistan grew 5%.

Price for wood pellets imported to South Korea slipped 3%.

Seven-story The Offices at Southstone Yards will make Toyota Financial Services the project’s single tenant at a 45-acre mixed-use development.

Custom cabinet sales rise 7% in the month, partially offsetting declines in other categories.