The National Association of Homebuilders (NAHB) \ Wells Fargo Housing Market Index, reports that builder’s confidence in newly built, single-family […]
Wood Markets News
Canadian Home Sales & Prices Up Again in November
According to the Canadian Real Estate Association (CREA), Canadian home sales rose 0.6% in November from the previous month. This […]
November Housing Starts & Permits
The Census Bureau reported that privately-owned housing starts in November were at a SAAR of 1,482,000. This is 1.4% above […]
Weyerhaeuser Announces Sell of Montana Timberlands
Weyerhaeuser has announced that they intend to sell 630,000 acres of timberland in Montana to a private timberland investment company […]
American Loggers Council Seeks Equal Standing with Agriculture on Trade and Tariff Policies
The American Loggers Council (ALC) has sent a letter to U.S. Agriculture Department Secretary Sonny Perdue, asking that he included […]
Aspen Planers Temporarily Restarts Second Shift at B.C. Merritt Mill
Aspen Planers has temporarily restarted a second shift at its B.C. Merritt mill through the holidays, thanks to the acquisition […]
US and China Reach Agreement on Limited Trade Deal
The US and China agreed on the initial phase of a trade agreement to end the escalation of their trade […]
Mortgage Rates Edge Higher
In their weekly Primary Mortgage Market Survey® (PMMS®) Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) averaged 3.73%, ticking […]
U.S. Consumer Prices Increase more than Anticipated in November
The U.S. Labor Department reported that its Consumer Price Index (CPI) increased 0.3% in November, with increases in shelter and […]
USMCA Fails to Address Canada – US Lumber Trade Dispute
The softwood lumber trade dispute between Canada and the U.S. has been going on for decades. It continues to challenge […]