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BC New Representative for Softwood Lumber Trade
The British Columbia government has switched chief negotiators on the softwood lumber file, according to the Vancouver Sun October 12. Dana Hayden, a former BC deputy minister for forests and international trade, left the job on September 30 after two years as chief negotiator. BC replaced her with John Allan, the former president of the…
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Japan Housing Starts: July 2016
Japan’s Ministry of Land, Infrastructure and Transport disclosed Japan housing total starts at 85,208 units, and 8.9 per cent increase over one year ago and a 0.1 per cent drop from June, said the Japan Lumber Reports Friday. Japan Housing Starts: July 2016 Japan’s housing starts have been above 85,000 units for two months in…
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Housing Market, US: Mid-2016 Update
The US housing market is on a roll and is showing no signs of slowing down — that’s the key takeaway from Goldman Sachs’ most recent Housing Monitor research report, released Thursday. US Housing Market: Mid-2016 Update According to the Goldman Sachs research, US house prices have continued to grow close to a 5 per…
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US Rental Rate Increases
USA Today reported Tuesday that apartment lease renewals hit an all-time high of nearly 54 per cent in 2016. This is up from 52.9 per cent last year and a more-conventional 45 per cent in the mid 2000s. US Rental Rates Millennials are faced with student debt and expensive home buying options, which drives…
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US Construction Employment Crisis
US construction employment slipped from July to August for the fourth time in five months, according to an analysis by the Associated General Contractors of America released September 2. US Construction Employment Problem US construction employment slipped from July to August for the fourth time in five months, but spending data suggest the recent weakness…
