U.S. Housing Affordability Hits 18-Month Low

NAHB Eye on Housing — Despite low-interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing...

Norbord Reports Second Quarter 2020 Earnings

TORONTO, /CNW/ – Norbord Inc. has reported Adjusted EBITDA of $84 million for the second quarter of 2020 compared to $75 million in the first quarter of 2020 and $36 million in the second quarter of 2019. The quarter-over-quarter increase was primarily due to...