Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending February 27th, 2020. The PMMS shows […]
Wood Markets News
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 […]
Mortgage Applications Increased in the Week Ending February 21st, 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending February 21st, 2020, […]
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 […]