According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending February 21st, 2020, […]
Wood Markets News
New Single-Family Home Soared Higher in January
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development are reporting that the Sales of new […]
CN & CP Railroads Share Rail Lines to Keep Essential Products Moving
At the urging of multiple Canadian government sources and in a rare, if ever, seen show of cooperation, the Canadian […]
Vaagen’s Midway Sawmill to be Idled for 8 – 10 Weeks
Low log inventory and road restrictions has led to the temporary shutdown of Vaagen Fiber Canada’s Midway sawmill. The mill […]
Home Prices Rise in Fourth Quarter of 2019
According to a report released on February 23rd, 2020, by the Federal Housing Finance Agency (FHFA), U.S. home prices increased […]
Canadian National Reports Rail Blockade Between Toronto and Montreal is Over, but New One Has Just Started
The Canadian National (CN) Railroad is in the process of inspecting tracks for safety and is preparing to resume freight […]
Home Prices Grow at the End of 2019
According to the S&P CoreLogic Case-Shiller National Home Price Index, home prices in December rose 3.8% annually. Up 3.5% from […]
U.S. Median Home Price up 6.8% Year-Over-Year
The National Association of Realtors®(NAR) has reported that lower mortgage rates in January, helped to increase the number of house […]
Prolonged Finnish Sawmill and Plywood Workers Strike Comes to an End
A strike that started in January by nearly 10,000 Finnish workers, mainly in the sawmill and plywood plants in Finland, […]
China to Suspend Tariffs on Certain North American Hardwoods
The People’s Republic of China has announced that starting on February 28th, 2020 and lasting for the period of one […]