The National Association of Home Builders (NAHB) has reported that builder confidence in the single-family 55+ housing market dropped four […]
Wood Markets News
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, […]
Consumer Confidence Grows in January
The Conference Board has reported that following a modest advance in December, the Consumer Confidence Index increased to a reading […]
New Home Sales Financed Through FHA Hits 8-Year High
The U.S. Census Bureau has reported through their Quarterly Sales by Price and Financing Report that FHA-backed sales made up […]
Mortgage Applications Up 7.2% from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 24th January 2020, […]
Pending Home Sales Fall in December
The National Association of Realtors® (NAR) has reported that their Pending Home Sales Index (PHSI), slipped <-4.9%> in December, after […]
Burnt Timber Salvage Operation Underway in Australia
According to Australia’s Forestry Minister and Deputy Premier John Barilaro, the forest industry has begun salvage operations in the 50,000 […]