The U.S. Department of Commerce and the U.S. Census Bureau have jointly announced the new residential sales statistics for December […]
Wood Markets News
China Joins Canada , the E.U. and other WTO Members in Interim Alternative Trade Dispute Process
As of December, the World Trade Organization (WTO) appellate body no longer has enough members to hear new appeals. Over […]
U.S. Millwork Manufactures Petition for Fair Trade in Wood Mouldings between China, Brazil and the U.S.
In a petition filed with the U.S. Department of Commerce and the U.S. International Trade Commission (ITC), the Coalition of […]
U.S. Housing Market Underbuilt by 3.8 Million New Homes
Between 2012 and 2019 realtor.com® found that 5.9 million single-family homes were constructed. However, 9.8 million new households were formed […]
NAHB 2020 “Priced Out” Estimates Explores the Impact on New Home Buyers
The recently released National Association of Home Builders 2020 “Priced Out” Estimate reveals that, if the median new home price […]
Mortgage Rates at 3-Month Lows
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 23rd January 2020. The PMMS shows […]
Remodeler’s Confidence 3 Points Higher in Final Quarter of 2019
The National Association of Home Builders (NAHB) has posted the results of their Remodeling Market Index (RMI) for the 4th […]
Annual Inflation Rate Holds Steady in Canada at 2.2%. BOC Leaves Interest Rates Unchanged.
Statistics Canada is reporting that Canada’s annual inflation rate held steady, at 2.2% in December. Maintained by higher energy prices and […]
U.S. Home Prices Increase 0.2% in November 2019; Up 4.9% Year-over-Year
The Federal Housing Finance Agency (FHFA) has reported that in November U.S. home prices rose 0.2% above October’s reported levels. […]
Mortgage Applications Shrink <-1.2%> from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 17th January 2020, […]