The US and China agreed on the initial phase of a trade agreement to end the escalation of their trade […]
Wood Markets News
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 […]
Mortgage Applications Increase 3.8% from Week Earlier
According to data from the Mortgage Bankers Association. the Market Composite Index, a measure of mortgage loan application volume, increased […]
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 […]