CMHC Chief Economist Bob Dugan said “housing starts (in Canada) are projected to stabilize in 2020 and 2021, at levels in line with long-run averages. This follows 2-years of declines from elevated levels in 2017. Resale activity and house prices are expected to fully recover from recent declines.”
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.