Canada’s shift to a low-carbon economy is causing the forestry sector to transform itself. Bob Larocque, the senior vice-president of […]
Wood Markets News
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 […]
Martco to Invest $ 25 million to Upgrade and Modernize 2 Louisiana Facilities
Forest products company Martco, which operates under the trade name RoyOMartin has announced that they will be investing a combined […]
Mortgage Rates Inch Higher – Mortgage Applications Volume Declines
According to the Mortgage Bankers Association a small uptick in mortgage rates, the average contract interest rate for a 30-year […]
B.C. Drops Stumpage Rates, Delays Log Export Charge Increase and Wood Waste Penalties in Coastal Region
Facing a crisis in the Coastal forest products industry, the B.C. government is dropping stumpage fees on Crown land in […]