When storm winds howl and rivers flood, buildings take the brunt. And as climate change makes all kinds of extreme […]
Wood Markets News
U.S Mortgage Rates Rise as Optimism Drives Yields
Freddie Mac reported that the weekly average rate for new mortgages, as of 26th December 2019 were up. A 30-year […]
Kenora Forest Products is For Sale Following Owner’s Bankruptcy Filing
Kenora Forest Products, located in Kenora Ontario is for sale. The Ontario sawmill has been shut down since September, affecting […]
Canadian Forestry Sector Transitioning to Meet Climate Demands
Canada’s shift to a low-carbon economy is causing the forestry sector to transform itself. Bob Larocque, the senior vice-president of […]
Recent Federal Ruling on O&C Lands Ensures Sustained Lumber Harvest & Public Access
On November 25, 2019, U.S. District Judge Richard Leon ruled in favor of the Association of O&C counties in a […]
Federal Housing Finance Authority House Price Index for October 2019 Shows Upward Momentum
The Federal Housing Agency (FHFA) House Price Index (HPI) reported a 0.2% increase in U.S. house prices in October from […]
S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased in October
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.3% annual […]
National Lumber & Building Materials Dealers Association Applauds U.S. Funding Legislation
The National Lumber & Building Materials Dealers Association (NLBMD) said that it supports the recent legislation passed by Congress and […]
Pending Homes Sales Increase 1.2% in November
The National Association of Realtors® (NAR) has reported that pending home sales increased in November, rebounding from the month of […]
Resolute Forest Products Inc., to Acquire Conifex Timbers 3 U.S. Sawmills.
From Resolute Press Release: Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced it has entered into an agreement to […]