Weyerhaeuser has received approval from the American Carbon Registry for its Improved Forest Management (IFM) carbon credit project in Maine.
Total existing home sales declined 0.7% month-over-month in August to a seasonally adjusted rate of 4.04 million homes, the National Association of Realtors reported.
The 30-year fixed-rate mortgage averaged 7.19%, up from last week when it averaged 7.18%, according to Freddie Mac.
The Conference Board Leading Economic Index® declined 0.4% in August to a reading of 105.4 (2016=100), after posting a 0.3% decline in July.
The advance figure for seasonally adjusted initial unemployment claims was 201,000 during the week ending Saturday, September 16th. This is a decrease of 20,000.
Washington-based Hughes Pacific has announced a significant expansion of its forestry operations in western Canada, Canadian Forest Industries (CFI) reported.
The Associated Builders and Contractors Construction Backlog Indicator declined to 9.2 months in August, down 0.1 month.
Mondi announced that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest.
Mortgage loan application volume increased 5.4% on a seasonally adjusted basis from one week earlier, according to the Mortgage Bankers Association.
Privately‐owned housing starts in August were at a seasonally adjusted annual rate (SAAR) of 1,283,000. This is 11.3% below the revised July estimate of 1,447,000.