The Seattle Department of Transportation (SDOT) is just under 3-months away from deciding what to do with one of Seattle’s most iconic bridges.
Wood Markets News
TopHat Enters into 5-year Agreement with BoKlok to Build 200 New Affordable Homes in UK
The United Kingdom’s provider of affordable homes BoKlok UK, which is jointly owned by Skanska and Ikea, has announced the appointment of TopHat to construct its first houses in the UK.
Affordability Remains a Stumbling Block to Home Ownership in 2nd Quarter of 2020
A deeper look into the second quarter of 2020’s National Association of Home Builders (NAHB) Housing Trend Report (HTR) reveals that only 23% of prospective buyers can afford at least half of the homes available in the areas they are searching.
Shift from Urban Condo to Suburban New House Living Continues
A deeper dive into the U.S. Commerce Department’s report on the sales of new single-family homes for June reveals that as the COVID-19 pandemic continues there is a noticeable move from condos towards new houses.
First-Time Existing Homebuyers Increase Their Share in the Marketplace
According to the June Realtor® Confidence Index Survey, the share of first-time homebuyers who purchased existing homes rose to 35% of total sales.
Canada’s Atlantic Provinces Lumber & Building Materials Dealers Discuss Product Shortages
Lumber, hardware and building materials dealers throughout Canada’s Atlantic provinces are reporting that they are experiencing, a shortage of key lumber, panel, hardware and building materials items.
British Columbia Provincial Grant to Provide On-Site Work Experience to Nine Workers Affected by Recent Mill Curtailments
The Invasive Species Council of British Columbia (ISCBC) learned it will receive over $550,000 from the Province’s Community and Employer Partnerships program (CEP) to provide on-site work experience to up to nine workers affected by recent mill curtailments.
Lumber and Panel Industry Not Prepared for Surge in DIY and Home Remodeling Projects During COVID-19 Pandemic
According to Statistics Canada, 5.5 million Canadian workers have been impacted by shutdowns, either from loss of employment or COVID-19 related absences.
New Home Sales Climb Higher in June
The U.S. Census Bureau is reporting that sales of new single-family houses in June 2020 were at a seasonally adjusted annual rate of 776,000.
NAHB Reports Real Rent Index Declined For the First Time Since 2013 in June
The National Association of Home Builders is reporting that their Real Rent Index (RRI) declined by ~0.1% in June.