Domtar will indefinitely idle its Coosa Pines fluff pulp mill in May, citing market conditions and aging assets, AL.com reported.
Wood Markets News
US Housing Stock Ages as Nearly Half of Homes Pre-Date 1980
Nearly half of US owner-occupied homes were built before 1980, with the median age rising to 42 years in 2024, NAHB analysis of survey data shows.
Higher Fuel Costs Pressure New Zealand Forestry Sector
Rising diesel and shipping costs are pressuring New Zealand’s forestry sector, with some operators warning of potential shutdowns in higher-cost regions.
US Existing-Home Purchase Cancellations Hit Record February Share
US home-purchase cancellations reached 13.7% in February, the highest share for the month on record, with more than 42,000 deals falling through, Redfin reported.
US Mortgage Applications Drop in the Week Ending March 20
Mortgage loan application volume decreased 10.5% on a seasonally adjusted basis from one week earlier, MBA reported.
US Commercial and Multifamily Mortgage Delinquency Rates Mixed in 2025Q4
Commercial mortgage delinquencies were mixed in 2025Q4, with most capital sources displaying modest improvements, MBA reported.
Finland Sawmills Warn of Job Losses, Revenue Hit From Proposed Logging Cuts
Finland’s sawmill industry warns proposed logging cuts could cost 3,000–4,000 jobs and reduce exports, as policymakers weigh climate and biodiversity targets, Yle reported.
USDA Approves $7.6 Million Loan to Restart Virginia Sawmill
USDA approved a $7.6 million loan guarantee to help restart Pine Products sawmill in Martinsville, Virginia, WSET reported.
USDA Awards $115.2 Million to Expand Timber Production Across Eight States
USDA is guaranteeing $115.2 million in loans to expand timber production and sawmill capacity across eight states, aiming to reduce wildfire risk and support rural economies.
US Building Material Prices Rise 3.1% Year-Over-Year in February
US construction input prices rose 1.3% in February, with residential prices up 3.1% year-over-year, the BLS and ABC reported.