Rayonier announced the acquisition of Pope Resources/Olympic Resource Management for the consideration of equity and cash valued at $554 million. […]
Wood Markets News
Rocky Mountain Restoration Initiative to Improve Health of 750,000 Acres of Forest in Southwest Colorado
The Rocky Mountain Restoration Initiative is a new project to improve the health of 750,000 acres of forest across public, […]
Number of Bedrooms in New Single-Family Homes Continues to Decline
The U.S. Census Bureau’s Survey of Construction’s (SOC) estimate of the number of bedrooms in new single-family homes has shown […]
Mortgage Applications Increase 30.2% from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 10th January 2020, […]
US – China Phase 1 Trade Deal Offers No Relief for Homebuilders
Phase 1 of the US – China trade deal is scheduled to be signed on Wednesday January 15th. However, home […]
Stud Mill in Montana Shutting Down due to Lack of Timber
RY Timber is planning to suspend operations at its Townsend studmill due to timber supply. The company cited “uncertainty and […]
Core Inflation Increases Modestly in December
The U.S. Bureau of Labor Statistics has reported that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% […]
Consumer Confidence Falls in December 2019
The Conference Board has reported that their Consumer Confidence Index, slipped 0.3 points from 126.8 to 126.5 in December, as […]
Canadian Housing Starts Unexpectedly Fall in December
The Canadian Mortgage and Housing Corporation (CMHC) has reported that the seasonally adjusted annualized rate of housing starts fell to […]
U.S. Mortgage Rates Drop Again
Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]