The prices of good used in residential construction, less energy, fell 0.1% in October, not seasonally adjusted, according to the BLS and NAHB.
Wood Markets News
Oregon’s Landmark Western State Forest Habitat Conservation Plan Stalls as Stakeholders Seek Greater Input
Attempts to wrap up Oregon’s Western State Forest Habitat Conservation Plan by officials are being met by stakeholders who are issuing new demands that could delay the plan into 2025, according to the Oregon Capital Chronicle.
Canadian Home Sales Fall Month-Over-Month in October, but Remain Slightly Higher Year-Over-Year
Home sales recorded over Canadian MLS® Systems declined 5.6% between September and October, the Canadian Real Estate Association reported.
Mortgage Applications Climb in the Week Ending November 10th, Marking Second Consecutive Increase
Mortgage loan application volume increased 2.8% on a seasonally adjusted basis, according to the Mortgage Bankers Association.
Producer Price Index for Final Demand Declines Month-Over-Month but Rises Year-Over-Year in October
The Producer Price Index (PPI) for final demand, seasonally adjusted, declined 0.5% in October, following an increase of 0.4% in September.
Canfor Announces Extended Curtailment Plan for Its Polar Sawmill in Bear Lake, BC
Citing a shortage of economically available fiber in the region, Canfor Corporation announced it will curtail operations at its Polar Sawmill in Bear Lake, BC, following an orderly wind down of operations.
China Considering $137 Billion in Funding to Boost Urban Village Renovations and Affordable Housing
China plans to provide at least US$137.22 billion (1 trillion yuan) of low-cost financing to urban village renovation and affordable housing programs, Reuters reported, citing Bloomberg.
Kronospan to Purchase Roseburg Forest Product’s Simsboro, Louisiana, Particleboard Facility
Kronospan and Roseburg Forest Products jointly announced that they had executed a planned purchase and sales agreement between the companies.
Mortgage Credit Availability Increases for Third Consecutive Month in October
The Mortgage Bankers Association Mortgage Credit Availability Index (MCAI) shows mortgage credit availability increased in October.
Consumer Price Index Unchanged in October; All-Items Index Up 3.2% Year-Over-Year
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October, on a seasonally adjusted basis, after increasing 0.4% in September and 0.6% in August.