Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
Wood Markets News
Plywood Production Underway at Kronospan’s Smorgon Belarus Mill
Kronospan has announced that it has commenced plywood production at its Smorgon plant in Belarus. The plant is producing four […]
Shortage of Homes For Sale has Spread Across All Price Ranges
According to Realtor.com the supply of homes for sale was in December 2019, was 12% lower when compared to December […]
British Columbia to Set Aside $875K for Communities Hurt by Sawmill Closures
The B.C. Provincial government has announced that it will provide an additional $875,000 CDN, to 11 communities to assist mill […]
Mortgage Applications Decline 1.5% from 2 Weeks Earlier
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3, 2020, […]
Canadian Imports and Exports Continued to Decline in November
According to a report in the Wall Street Journal, Canadian exports and imports fell for the second straight month in […]
Mass Timber Construction Continues to Grow Across the US
According to the Softwood Lumber Board (SLB) and WoodWorks™- the Wood Products Council – mass timber construction is continuing to […]
Nova Scotia Woodlot Owners Learn About Impact of Northern Pulp Shutdown
The recently announced closing of the Northern Pulp Mill in Nova Scotia, which is scheduled to take place on, or […]
U.S Mortgage Rates Dip Slightly
Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
U.S. Census Bureau Reports on Monthly Construction Spending for November 2019
Total construction spending during November 2019 was estimated at a seasonally adjusted annual rate of $1,324.1 billion, 0.6% above the […]