US Housing Market Webinar with Ivy Zelman |
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Timber Exchange welcomes Ivy Zelman from Zelman Associates for a conversation on the US Housing Market situation today.
• How is the situation in the US housing market today? • What are the important factors to track to keep a hand on the pulse? • For the forestry industry single-family homes are crucial for the industry's performance, how has this specific indicator been performing? • We have read that 9 million first-time home buyers and renters are on the way into the housing markets since 2020 but construction is still near a record low. What are the limiting factors here and what is needed to change them? • How are home remodeling and DIY markets today? We have read that as lumber also got more expensive we’ve heard that DIY chains are taking a smaller role in the big picture. Does your research confirm this? • The central bank has also raised the rates and indicated it will raise them three more times this year alone. How does this affect the housing market? • What is the outlook for lumber as a construction material? • What is the outlook for the housing market as a whole and especially for single-family homes? ***Followed by a Q&A session with the audience*** |