Peak Renewables has received permitting for the construction and operation of a greenfield 650MMSF OSB plant in Enterprise, Alambama, Panel World Magazine reported.
Wood Markets News
Canadian Consumer Price Index Increases 1.8% Year-Over-Year in December
The Consumer Price Index (CPI) rose 1.8% year-over-year in December, down from a 1.9% increase in November.
Södra Announces Three New Long-Term Collaboration Agreements
Södra is launching three new long-term collaboration agreements: a Forest Owner Agreement, Management Agreement, and Supply Agreement.
Number of US Mortgage Loans in Forbearance Declines in December
The total number of loans in forbearance declined from 0.50% of servicers’ portfolio volume in November to 0.47% in December, MBA reported.
US Existing-Home Prices Increase 5.4% Year-Over-Year in December
US home prices grew 0.4% in December on a seasonally adjusted basis, slightly faster than the 0.5% growth posted in November, Redfin reported.
Washington Commissioner of Public Lands Announces 6-Month Pause on Timber Harvesting in Mature Forest Complexes
Washington Commissioner of Public Lands Dave Upthegrove announced a six-month pause on DNR timber harvests in certain structurally mature forest complexes.
Canada Announces Funding for Reforestation Project in the Ogoki Forest in Ontario
The Canadian government is investing almost $900,000 (CAD) in a reforestation project in the Ogoki Forest, Northern Ontario Business reported.
Investment in Canadian Building Construction Slips in November
Total investment in building construction decreased 0.5% to $21.4 billion (CAD) in November, following a 1.1% decline in October.
US Pending Home Sales Declined in December, Redfin Reports
Pending home sales fell 4.5% in December on a seasonally adjusted basis, the largest decline since October 2022, Redfin reported.
US Nonresidential Construction Input Costs Decline 0.2% in December
Nonresidential construction input prices decreased 0.2% in December, the BLS and ABC reported.