The National Association of Realtors® reported that existing home sales fell across all 4 regions in September. September sales fell <-2.2%> […]
Wood Markets News
Norbord Reducing Production at Cordele, GA OSB Mill
Norbord announced the curtailment of production on Line 1 at its Cordele, GA OSB mill beginning in mid-November. The curtailment […]
Canadian Home Prices Edging Higher
Canadian home prices edged higher in September, paced by increased sales in the Montreal and Ottawa-Gaitneau regions. The Teranet-National Bank […]
Housing Inventory Levels Dropping
From September 2018, through February 2019 housing inventories grew year over year. Reversing a 44-consecutive month of inventory declines, which […]
Remodelers’ Confidence Holding Steady
The National Association of Home Builders (NAHB) has released their Remodeling Market Index (RMI) for the 3rd Qtr., of 2019. […]
Housing Starts and Permits Lower In September
The U.S. Census Bureau has reported that privately-owned housing starts in September were at a SAAR of 1,256,000. This is […]
Builder Confidence on the Rise
The National Association of Home Builders (NAHB) \ Well Fargo Housing Market Index, reports that builders confidence for newly-built single-family […]
New Brunswick Sawmill Closing
J.D. Irving has announced that their Baker Brock sawmill located in northwestern New Brunswick will close permanently on 1st November. […]
Eight Story CLT Hotel Going Up in Seattle
A change to Seattle building codes allows for increased use of CLT. Anticipating increased demand, CLT production in Washington State […]
Teal-Jones Announces Investment in Two Virginia Sawmills
Teal-Jones announced investments of $31.75 mill in two recently acquired sawmills in Virginia. The company plans to invest $21 million […]