Interfor has partially resumed operations at its Grand Forks, BC, sawmill after last month’s shutdown announcement, Trail Times reported.
Wood Markets News
US Construction Spending Edges Higher in August
US construction spending rose 0.2% in August to $2.17 trillion (SAAR), while the year-to-date total remained 1.8% below 2024 levels.
US New-Home Purchase Mortgage Applications Decrease in October
New-home purchase mortgage applications fell 1.0% in October and 2.6% year-over-year, MBA reported.
Canadian Consumer Price Index Rises 2.2% Year-Over-Year in October
Canada’s CPI rose 2.2% year-over-year in October, down from 2.4% in September.
Canadian Existing-Home Sales Edge Higher in October
Existing-home sales in Canada rose 0.9% in October as new listings fell and the sales-to-new listings ratio firmed to 52.2%, CREA reported.
Washington Forest Practices Board Approves Type NP Buffer Rule, Taking 200,000 Acres Out of Production
Washington’s Forest Practices Board approved wider stream buffers that remove 200,000 acres from timber production, Capital Press reported.
ABC Construction Backlog and Contractor Confidence Trend Lower in October
ABC’s Construction Backlog Indicator slipped to 8.4 months in October but was unchanged year-over-year.
Stora Enso to Spin Off Swedish Forest Assets Into New Company
Stora Enso will spin off its Swedish forest assets into a new listed company, with shares to be distributed to existing shareholders.
US Mortgage Delinquency Rate Rises to 3.99% in Q3
The US mortgage delinquency rate rose 6 basis points to 3.99% in Q3, while foreclosure starts increased to 0.20%, MBA reported.
Stora Enso Launches Strategic Review of Central European Sawmill Operations
Stora Enso has launched a 2026 strategic review of its Central European sawmill and building solutions operations, including seven mills and related units, with divestment among the options.