Redfin reported on Tuesday (7-9-24), that builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. so far this year, down nearly 30% from an average of 18 during the same periods in 2021-2023.
Wood Markets News
A World First – 90% of the Construction Waste at the Southern Hemisphere’s Largest Mass Timber Academic Building Has Been Recycled or Upcycled
Wood Central.com recently featured a story about Boola Katatjin, one of Australia’s most awarded building projects in 2023. Designed by […]
U.S. Wood Pellet Exports Increased Month-Over-Month & Year-Over-Year in May 2024
According to data released on Thursday (7-3-24), by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, the U.S. exported […]
Sweden’s Norra Timber Makes Significant Investment in its Kåge Sawmill to Maximize Forest Resources
Sweden’s Norra Timber is investing heavily in technology at its sawmill in Kåge. A brand new 300-meter-long log sorting facility […]
Australian Forest and Wood Products Statistics for Production in 2022 – 2023
In 2022-23, the volume of logs harvested in Australia fell by 3.9% compared to 2021-22. Average unit values (prices) increased […]
Louisiana’s Statewide Bark Beetle Infestation Continues to Grow at an Alarming Rate
Lake Charles Louisiana’s NBC affiliate KPLC TV.com reported on Saturday (7-6-24), about growing concern over a statewide bark beetle infestation. […]
Fannie Mae’s Home Purchasing Sentiment Index Rebounds in June
Fannie Mae on Monday (7-8-24), released the results of its June, Home Purchase Sentiment Index (HPSI). According to the HPSI […]
U.S. National Interagency Fire Center Wildfire Update – as of Monday 8th July 2024
The U.S. National Interagency Fire Center (NIFC) provided an update on Monday (7-8-24), reporting that nationwide, 8 new wildfires were […]
Canadian Lumber Production Up Month-Over-Month and Year-Over-Year in April 2024
Statistics Canada (StatsCan) reported on Thursday (7-4-24), that lumber production in April 2024 increased 3.6% from March to 4,556.6 thousand […]
Kronospan Luxembourg S.A. Announces Production of Particleboard Made of 100% Recycled Wood
Kronospan Luxembourg S.A. in a recent news release announced the successful production of its first panel of particleboard (PB) made […]