Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
Wood Markets News
Bank of Canada Says COVID-19 Outbreak Set to Trigger Biggest Ever Near-Term Domestic Slump
The Bank of Canada said on Wednesday, that the COVID-19 outbreak was set to trigger the biggest ever near-term domestic […]
Canadian Home Sales Slump in March
The Canadian Real Estate Association (CREA) has reported that Canadian home sales slumped <-14.3%> in March from February as economic turmoil related […]
Housing Starts and Permits for March Begin Feeling the Impact of COVID-19 Pandemic
The U.S. Census Bureau has reported that privately‐owned housing starts in March were at a seasonally adjusted annual rate of […]
Explosion and Fire Reported at Androscoggin Mill, in Jay Maine.
An explosion and fire was reported about noon today (4/15) at the Androscoggin Mill, in Jay Maine. According to an […]
Multifamily Developers Facing New Headwinds from Impact of COVID-19 Virus
The National Association of Home Builders (NAHB) conducted an online poll on April 3rd and 4th of members of the […]
National Association of Realtors® Predicts Slow Spring Buying Season
According to the results of the National Association of Realtor® (NAR) Economic Pulse Flash Survey, which was conducted on April […]
U.S. Economic Data Shows Sharp Slow Down in March and Early April
According to data released by the U.S. Commerce Department, U.S. retail sales fell by the most ever in March, in […]
Builders Confidence Experiences Largest One Month Drop in its History
The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) indicates that builder confidence in the market for […]
Mortgage Applications Increase in Week Ending April 10th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 10th April 2020, the Market […]