Total construction spending during November 2019 was estimated at a seasonally adjusted annual rate of $1,324.1 billion, 0.6% above the […]
Wood Markets News
Canadian Scientists Study how to Adapt Building Codes to Weather Changes
When storm winds howl and rivers flood, buildings take the brunt. And as climate change makes all kinds of extreme […]
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 […]