The U.S. Census Bureau and the U.S. Department of Housing and Urban Development are reporting that the sales of new […]
Wood Markets News
U.S. Court of International Trade Confirms U.S. Lumber Duties Do Not Apply to Canadian Cedar Products
According to a posting on LAW360, the U.S. Court of International Trade (CIT) has upheld the U.S. Department of Commerce’s […]
U.S. Home Prices Increase 0.7% in February 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in February, 0.7% from […]
Mortgage Applications Decrease Slightly in Week Ending April 17th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending April 17th, 2020, […]
Paper Product Shortages the Unintended Consequence of Mill Curtailments and Shutdowns
The mill curtailments and complete mill shutdowns in British Columbia and other parts of North America were supposed to help […]
Canadian Forestry Industry Faces Major Headwinds Through the 3rd Quarter of 2020
According to Derek Nighbor, president – CEO of the Forest Products Association of Canada (FPAC), which represents Canada’s wood, pulp, […]
COVID-19 Pandemic Already Having Negative Impact on Repair and Remodeling Sector
The fallout from the COVID-19 pandemic is already having a serious impact on homeowners’ ability to start or complete remodeling […]
Home Sales Increase Year-Over-Year Despite Month of March Decline
The National Association of Realtors® (NAR) has reported that existing-home sales fell in March following a February that had significant […]
Washington State Governor Under Increasing Pressure to Allow Building and other Work to Restart Now
Governor Jay Inslee of Washington State issued his current “Stay Home, Stay Healthy” order on March 23rd and extended it […]
Fannie Mae Anticipates Short but Painful Downturn
Fannie Mae’s Economic and Strategic Research Group has reduced its outlook for economic growth over the entire year from 2.2% […]