“You see this new truck?” John Cencak, vice president of Jones Wholesale Lumber Cos., said to the Los Angeles Times “We just bought three of them. That’s a half-million-dollar investment. It’s all part of the economic recovery.”
Housing recovery helps improve lumberyards
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Pending home sales post a modest gain in March: NAR
Pending home sales increased by 3.4% from February to March despite rising mortgage rates, the National Association of Realtors reported.