In a survey conducted by the National Association of Home Builders (NAHB) between March 18th through the 23rd, builders were […]
Wood Markets News
U.S. Jobless Rate Soars to Record High as COVID-19 Pandemic Grows
The impact of the COVID-19 pandemic continues to take its toll on the U.S. economy. This morning’s (3-26-20) the U.S. […]
West Fraser Announces Additional Production Adjustment in Canada
In response to the growing COVID-19 pandemic, West Fraser has announced additional production adjustments, as they respond to the slowing […]
Resolute Update on COVID-19 Temporary Impact to Operations
Resolute Forest Products Inc. has provided an update on the impact of the COVID-19 pandemic on its businesses. While certain […]
Norbord Announces Curtailments and Reduced Capital Expenditures
Norbord Inc. has announced that effective March 30th it will begin reducing production across its entire North American OSB portfolio […]
U.S. Home Prices Increase 0.3% in January 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in January, 0.3% from the […]
Rayonier Advanced Materials Inc. Announces Downtime at Canadian Softwood Lumber Mills and Newsprint Plant
Rayonier Advanced Materials Inc. has announced that in response to the COVID-19 outbreak and its impact on certain business markets, […]
Mortgage Applications Decline in Week Ending March 20th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 20th March 2020, […]
U.S. Home Size Continue to Shrink but First Time Home Buyers Have a List of Must Haves
After increasing in size from 2010 to 2015, the average U.S. home size has fallen steadily for the past four […]
New Single-Family Home Sales Soar Year-Over-Year in February
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development are reporting that according to their estimates […]