West Fraser has announced that during the month of May, they have successfully resumed full capacity lumber and plywood production at all but a few facilities.
Wood Markets News
Russian Log and Lumber Export Volumes Down, Plywood Up in First Quarter
Russian forest product exports mostly down during the first quarter of 2020.
The Conference Board Reports their Consumer Confidence Index® Held Steady in May
After sharps declines, signs of stabilization appear in Consumer Confidence indices.
The S&P CoreLogic™ Case-Shiller Index Reports Home Prices Accelerated in March
According to the Case-Shiller index, home prices rose 4.4% annually, up from 4.2% in February.
FHFA Reports House Prices Increased in First Quarter of 2020
U.S. house prices rose in the first quarter of 2020, up 1.7%.
New Home Sales Modestly Rise in April
Sales of new single-family homes in April 2020 were at a seasonally adjusted annual rate of 623,000, 0.6% above the revised March rate.
Intelligent Wood Becomes the Urban Building Material of the Future
Architects are rediscovering wood as an excellent building material for urban spaces.
Roseburg Forest Products Publishes its Eighth Certified Environmental Product Declaration
Roseburg Forest Products has published its eighth certified Environmental Product Declaration (EPD).
9% of all U.S. Mortgages in COVID-19 Forbearance
According to the data from latest McDash Flash Forbearance tracker, approximately 9% of all mortgages are in forbearance.
Canadian Retail Sales Decline a Record 10% in March
Statistics Canada is reporting that Canadian retail sales plunged 10% in March. The result of officials shuttering non-essential business to slow the spread of the COVID-19 pandemic.