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.
Wood Markets News
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.
Mortgage Rates Move Modestly Higher in Week Ending 23rd July
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 23rd July 2020.
USDA Zero Down Home Mortgage Loans are Helping Home Buyers with Lower Income Become Homeowners
When it comes to buying a home and getting a mortgage most potential home buyers have at least some familiarity with Fannie Mae and Freddie Mac.
FEA’s Weekly Order Survey – Dealers Outlook Remains Up Tempo
Dealers responding to this week’s Builder Activity Survey, noted that the uptick in June housing starts and permits, existing home sales, along with continuing record low mortgage interest rates and a drop in overall unemployment have all contributed to their upbeat outlook for their sales in the months ahead.
Mass Timber Construction A Perfect Fit with Corporate Sustainability and Human Resource Goals
Architects throughout Canada are calling for wood to once again become the building material of choice.
American Wood Council Praises Department of Defense Potential Use of Mass Timber Construction
Amendment 358 to the National Defense Authorization Act (NDAA) for Fiscal Year 2021, is being lauded by the American Wood Council (AWC).
Russian Sawn Wood Exports Down -9.8% Year-On-Year for the Period of January – May 2020
According to data provided by the RF Federal Customs Services, Russia’s exports of sawn goods were down -9.8% year-on-year for the period of January – May 2020.