Boise Cascade shared additional details regarding its previously announced $140-million investments in its Alabama and Louisiana facilities in support of its EWP growth strategy.
Wood Markets News
Price Gap Between New and Existing US Homes Continues to Shrink in Q4
The traditional price gap between new and existing homes was nearly nonexistent at the end of 2024, the Census Bureau, NAR, and NAHB reported.
FHFA Home Price Index Increases 4.5% Year-Over-Year in Q4
The FHFA House Price Index rose 4.5% year-over-year in Q4. Compared to Q3, prices were up 1.4%.
US Consumer Confidence Index Declines for Third Consecutive Month in February
The Conference Board Consumer Confidence Index declined 7.0 points to a reading of 98.3 in February, down from 104.1 in January.
S&P CoreLogic Case-Shiller Index Reports 3.9% Annual Gain in US Home Prices in December
The S&P CoreLogic Case-Shiller US National Home Price NSA Index posted an annual gain of 3.9% in December, up from an increase of 3.7% in November.
Typical Down Payment on US Home Increases 7.5% Year-Over-Year in December
The typical homebuyer’s down payment was $63,188 in December, up 7.5% from a year earlier and the biggest increase in five months, Redfin reported.
President Trump Says Tariffs on Canada and Mexico “Going Forward” as Planned
On Monday, President Donald Trump said that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension, AP reported.
US Dept. of Commerce Initiates Seventh Administrative Review of Duties on Canadian Softwood Lumber Products
On February 21, the US Department of Commerce initiated the seventh administrative reviews of the antidumping and countervailing duty orders for certain softwood lumber products from Canada.
US Single-Family Home Size Increases in Q4
The median single-family square floor area was 2,205 square feet in Q4, the highest reading since mid-2023, the Census Bureau and NAHB reported.
BC Ministry of Forests Details Timber Sales and Wildfire Salvage Plans to RDBN
The BC Ministry of Forests detailed its timber sales and wildfire salvage plans in a presentation to the Regional District of Bulkley-Nechako, Houston Today reported.