Redfin reported on Monday (7-1-24) that according to their data only 47% of newly constructed apartments that were completed in […]
Wood Markets News
Australia’s Victoria State-Owned Government Forest Authority – VicForest – Officially Out of Business
It is official, as of Monday, July 1st, 2024, Australia’s Victoria’s state-owned government authority – VicForest no longer exists. The […]
U.S. National Interagency Fire Center Wildfire Update – as of Monday 1st July 2024
The U.S. National Interagency Fire Center (NIFC) provided an update on Monday (7-1-24), reporting that nationwide, there are currently 22 […]
Stimson Lumber Company Announced $50 million Investment at its 95-year-old Forest Grove Oregon Sawmill
Stimson Lumber Company’s Chief Executive Officer Andrew Miller on Wednesday (6-26-24), announced that the wood product company will invest $50 […]
Canadian Real GDP Increased in April
Statistics Canada (StatsCan) reported on Friday (6-28-24), that real gross domestic product (GDP) grew 0.3% in April, after being essentially […]
U.S. Bureau of Economic Analysis Reports Personal Income and Outlay Data for May 2024
The US Bureau of Economic Analysis (BEA) reported on Friday (6-28-24) that, according to their estimates, Personal Income (PI) increased […]
University of Michigan Reports the Final Results of its Consumer Sentiment Index for June 2024
The University of Michigan on Friday (6-28-24), released the final results of its Consumer Sentiment Index (CSI) for June. The […]
B.C.’s Chief Forester Sets New Allowable Annual Cut Level for North Island Timber Supply Area
British Columbia’s chief forester on Wednesday (6-26-24), announced the setting of the new allowable annual cut (AAC) level for the […]
U.S. Pending Homes Sales Drop 2.1% in May 2024
On Thursday (6-27-24), The National Association of Realtors® (NAR) reported their Pending Homes Sales Index (PHSI) for May 2024. The […]
30-Year Fixed Mortgage Rate Hits Lowest Level in Almost Three Months
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Thursday, June 27, 2024. The PMMS […]