Building Products and Materials Industry Insights - Q4 2021

Strong demand and low inventory levels drove home prices higher in 2021, with all cities in the 20-City Index notching gains on a year-over-year basis.

The Canadian housing market saw similar gains as the U.S. market, driven by low mortgage rates and a shift into larger homes to ride out the COVID-19 pandemic.

Stock market indexes for building materials manufacturers, building products distributors, and lumber and wood product manufacturers have outperformed the S&P 500 over the past 12 months, reflecting investor confidence in the near-term future of the industry.