According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 24th January 2020, […]
Wood Markets News
Pending Home Sales Fall in December
The National Association of Realtors® (NAR) has reported that their Pending Home Sales Index (PHSI), slipped <-4.9%> in December, after […]
Burnt Timber Salvage Operation Underway in Australia
According to Australia’s Forestry Minister and Deputy Premier John Barilaro, the forest industry has begun salvage operations in the 50,000 […]
Timber Buildings Potential to Help Lessen Climate Change
According to UN estimates, approximately 2.3 billion more people will be living in urban areas by 2050. With the growth […]
November Home Prices Continue to Rise
According to the S&P CoreLogic Case-Shiller National Home Price Index report for November, nationally home prices increased 3.5%, up from […]
Slight Dip in New Home Sales in December
The U.S. Department of Commerce and the U.S. Census Bureau have jointly announced the new residential sales statistics for December […]
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 […]