Personal incomes rose 0.2% in December 2019, according to the Bureau of Economic Analysis (BEA) to a SAAR of $18,992 […]
Wood Markets News
Mortgage Rates Second Lowest in 3-years
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 30th January 2020. The PMMS shows […]
USMCA to Replace 25-year old NAFTA – Here are Some of the Highlights of Upcoming Changes
President Trump has signed the USMCA into law on January 29th 2020. Mexico ratified the agreement in June of 2019. […]
Home Ownership Rate Reaches Highest Level Since 2013
The U.S. Census Bureau’s Housing Vacancy Survey (HVS) reports that the U.S. homeownership rate increased to 65.1% in the final […]
British Columbia Investing $450,000 for Training Interior Residents Impacted by Decline in Forest Industry Jobs.
According to a British Columbia Provincial press release, the province is making provisions for up to 25 workers affected by […]
Builder Confidence in 55+ Housing Market Drops in 4th Quarter of 2019
The National Association of Home Builders (NAHB) has reported that builder confidence in the single-family 55+ housing market dropped four […]
U.S. Economic Growth Slows in 2019
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA) has reported that U.S. economic growth slowed to 2.3% in […]
Finland’s Lumber and Plywood Mills face Potential Strike
The Finnish Forest Industries Federation (FFIF) believe that a strike by the Industrial Union, which represents sawmill and plywood factories […]
Structurlam Mass Timber Corp., and Walmart Have Big Plans in Arkansas
Structurlam Mass Timber Corporation, the Penticton, British Columbia, Canada-based company, is expanding its operations into the United States, with a […]
Home Buyers Continue to Struggle with Affordability
Home buyers appear to be more optimistic about future home availability. However, when it comes to affording their new home, […]