High construction costs and elevated interest rates continue to hamper housing affordability, but March had builders showing a “cautious optimism,” as demand shifts to the new home market. Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the most recent National Association of Home Builders […]

After announcing in March that it would scale down its operations in Russia in a controlled manner, REHAU Group will now sell its business in the country to the local management and withdraw completely. REHAU, headquartered in Muri, Switzerland, wrote in a news release that it has been active in Russia for 30 years serving […]