The number of renter households in Q3 rose 2.7% year-over-year to a record 45.6 million, Redfin reported.
Wood Markets News
Ahlstrom Completes Sale of Its Aspa Pulp Mill to Sweden Timber
Ahlstrom, a fiber-based specialty materials company, has closed the sale of its Aspa pulp mill in Sweden to Sweden Timber, Packaging Gateway reported.
BC Maritime Employers Association Plans to Lock Out Dock Workers on Monday Afternoon
Employers of port foremen across BC say they’ve made the “difficult decision” to lock out workers on Monday at 4:30 PM PT, The Canadian Press reported.
Fire Destroys Sawmill in Belleville, New Brunswick
A fire on October 31st raced through a lumber mill operation located near Woodstock, New Brunswick, the River Valley Sun reported.
Canadian Softwood Lumber Production and Shipment Data for August
Canadian softwood lumber production in August increased 2.5% from July to 3,772.6 thousand cubic meters. Year-over-year, production was down 9.9%.
Microsoft Plans to Build Wooden Data Centers to Reduce Emissions
Microsoft, in an effort to make data centers greener, is breaking away from traditional construction methods and embracing wood, Firstpost reported.
US National Interagency Fire Center Wildfire Update as of November 4th
As of Monday, wildland fire activity continues in 12 states where 17 large active wildfires have burned 492,102 acres.
Strike Shuts Down Two Port of Montreal Terminals
The Port of Montreal announced than an indefinite strike has begun at the Viau and Maisonneuve terminals, in accordance with the strike notice filed by CUPE Local 375.
US Private Residential Construction Spending Increases 0.2% in September
Private residential construction spending trended up 0.2% in September, the Census Bureau and NAHB reported. Year-over-year, construction spending was 4.1% higher.
US Construction Spending Increases 0.1% in September
Total construction spending during September was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1% above the revised August estimate.