According to data from the Mortgage Bankers Association. the Market Composite Index, a measure of mortgage loan application volume, increased […]
Wood Markets News
November Housing Inventory Drops 9.5% Year-Over-Year
According to a report released by realtor.com, lower interest rates are spurring increased demand and as a result the number […]
New USMCA Set to Replace NAFTA on January 1st 2020
Top officials from the United States, Canada and Mexico have signed a new trilateral trade agreement. The U.S., Mexico and […]
Canoe Forest Products Taking Extended Year-end Holiday Break
As a cost cutting measure, British Columbia’s Canoe Forest Products plywood plant will be taking extra time off during the […]
Katerra Announces Closing of Phoenix Factory
Katerra announced the closure of it’s modular building factory in Phoenix, AZ later this month. The facility, Katerra’s first building […]
Structurlam Mass Timber Corp., and Walmart Have Big Plans in Arkansas
Structurlam Mass Timber Corporation, the Penticton, British Columbia, Canada-based company, announced that it is expanding its operations into the United […]
GP South Carolina OSB Plant Suffers Explosion and Fire
The Georgia Pacific OSB plant in Clarendon S.C. suffered an explosion and fire on Monday. Local first responders were on […]
Russia Replaces Canada as 2019 Softwood Lumber Export Leader
According to Wood Resources International, in its Wood Resource Quarterly, Russia has surpassed Canada to become the world’s largest exporter […]
November Jobs Rate Soars…Residential Construction Employment Little Changed
According to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics, the U.S. economy added 266,000 jobs […]
Mortgage Rates Hold Steady
Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending on December 5th […]