US acquisition, development, and construction loans fell 1.5% to $456.3 billion in 2025Q4.
Wood Markets News
US Dept. Commerce Initiates Eighth Administrative Review of Duties on Canadian Softwood Lumber
The US initiated the eighth administrative reviews (AR8) of antidumping and countervailing duty orders covering certain softwood lumber products from Canada.
US Court Extends Deadline for Tariff Refunds After Global Duties Overturned
The US Court of International Trade extended the deadline for refunding about $166 billion in tariffs after the US Supreme Court struck down global duties imposed by the Trump administration.
US Consumer Price Index Rises 2.4% Year-Over-Year in February
The Consumer Price Index for All Urban Consumers rose 0.3% in February and increased 2.4% year-over-year.
Metsä Fibre Initiates Change Negotiations at its Joutseno Pulp Mill in Finland
Metsä Fibre has launched change negotiations at its Joutseno pulp mill in Finland, with potential layoffs of up to 90 days affecting approximately 170 employees.
US Mortgage Applications Rise in the Week Ending March 6
Mortgage loan application volume increased 3.2% on a seasonally adjusted basis from one week earlier, MBA reported.
Western Forest Products Starts Up New Continuous Kiln at its Chemainus, BC, Facility
Western began loading lumber into a new continuous dry kiln at its Chemainus, BC, facility, with a second scheduled to be installed later this year.
US Existing-Home Sales Rise in February
Existing-home sales rose 1.7% in February, while inventory increased to 1.29 million units and the median price reached $398,000, NAR reported.
Canada Announces Forest Sector Investments in Alberta and Manitoba
Canada announced more than CA$4.4 million for 10 forestry projects in Alberta and Manitoba to boost manufacturing, exports, and Indigenous participation in the sector.
US Mortgage Credit Availability Index Rises in February
The MBA Mortgage Credit Availability Index rose 1.1% to 107.1 in February.