M&A activity in the building products and materials sector remained strong in 2H 2016, particularly in the fourth quarter. U.S. housing starts continued to rise in 2016 with single-family starts increasing an impressive 9.3%. New and existing home sales ended the year near a nine-year high despite a slight dip in December. Rising home prices and mortgage rates coupled with low inventory levels impacted December sales and are likely to impact sales in Q1 2017. Read the report for more detail on housing trends, public market performance and deal activity, or learn more about Duff & Phelps M&A Advisory.