After shrinking for much of 2019, home price gains are now growing again. On a national level, prices rose 3.2% […]
Wood Markets News
U.S. Housing Prices Have Risen 33 Consecutive Quarters
U.S. house prices rose in the third quarter of 2019, up 1.1% according to the Federal Housing Finance Agency (FHFA) House […]
CN Strike Entering its 6th Day, with No Resolution or Government Intercession in Sight
Approximately 3,200 Canadian National Railroad conductors, crew persons and yard workers remain on strike for a sixth day. As the […]
NAFTA Panel Says U.S. Can’t Show Harm from Canadian Softwood Industry
A joint NAFTA panel, made up of 3 Canadians and 2 Americans has given the U.S. 3 months to rethink […]
Jury awards $1.1Billion to Counties for not maximizing harvests on State forestlands, impact on timber supply not clear
A jury found in favor of a group of Oregon counties suing the State of Oregon for under harvesting on […]
Allowable Annual Cut for B.C. Lakes Timber Supply Area cut by 41%
Diane Nicholls, B.C. chief forester announced an immediate 41% reduction in allowable annual cut (ACC) for the Lakes Timber Supply […]
Existing Home Sales Rise 1.9% in October
The National Association of Realtors® (NAR) has reported that total existing home sales, which include single-family homes, townhomes, condominiums and […]
Builder Confidence Holds Steady in November
The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) slipped 1 point in November, to […]
Canadian National Rail Strike Enters Second Day
Approximately 3,200 CN conductors, trainpersons and yard workers, represented by the Teamsters Union, remain off the job for the second […]
Sunbelt Forest Ventures Opens New Sawmill Located in Selma Alabama
Sunbelt Forest Ventures (SFV) has opened a new non-traditional sawmill facility in Selma Alabama. The facility was designed to use […]