The Federal Reserve on Tuesday announced that in response growing demand and supply-side impacts of the coronavirus it was reducing […]
Wood Markets News
British Columbia Government Approves Vavenby Forest Tenure Transfer from Canfor to Interfor
The long-awaited transfer of Vavenby forest tenure from Canfor to Interfor was finally announced on Friday afternoon (2/28/20) by the […]
Private & Public Construction Spending Increased in January
The U.S. Census Bureau has reported that total construction spending during January 2020 was at an estimated SAAR of $1,369.2 […]
Softwood Lumber Board Announces 2019 Results
Through the work in codes, communications, conversions, and innovation, Softwood Lumber Board (SLB) funded programs tackle specific challenges to increase […]
Mortgage Rates Inch Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending February 27th, 2020. The PMMS shows […]
Builders and Developers of Multifamily Housing Confidence Rating Unchanged in fourth quarter of 2019
The National Association of Home Builders (NAHB), reports builder’s confidence in the construction of new multifamily housing was unchanged in […]
Home Price Index Reports Slowest Annual Increase Since 2012
According to the recently released S&P CoreLogic Case-Shiller National Home Price Index (NHPI) for December 2019, U.S. home price growth […]
Pending Home Sales Rebound 5.2% in January
The National Association of Realtors® (NAR) is reporting that pending homes sales, a forward-looking indicator which measures housing contract activity […]
Central European Forest Damaged by the Spruce Bark Beetle Greater than Anticipated
Data supplied by the Ministry of Agriculture in Germany indicates that more forests have been destroyed in both countries than […]
U.S. Consumer confidence at Best Level in 6-Months
Conference Board is reporting that U.S. consumer confidence edge higher in February, to its best level in the 6-months. The […]