The International Tropical Timber Organization (ITTO) is reporting that Brazilian exports of wood-based products (except for pulp and paper) declined […]
Wood Markets News
Maibec Announces Acquisition of LP’s East River Facility in Nova Scotia
Maibec has announced the acquisition of LP’s East River Facility in Nova Scotia, Canada as well as the assets and […]
Boise Cascade Announces Closure of Roxboro, North Carolina I-Joist Facility
Twenty-nine Boise Cascade employees will soon be out of work, as the company announces the closure of their I-Joist facility […]
Mortgage Rates Decrease on a Month-Over-Month Basis
According to information provided by Freddie Mac, mortgage rates decreased on a month-over-month basis. As of February 28th, 2010, the […]
Federal Reserve Enacts 50 Basis Point Rate Cut
The Federal Reserve on Tuesday announced that in response growing demand and supply-side impacts of the coronavirus it was reducing […]
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 […]