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Author: Madison’s Lumber Reporter

  • Housing Starts, US: June 2016

    US housing starts for June surged 4.8 per cent to a seasonally adjusted annual pace of 1.19 million units, the Commerce Department said on Tuesday. May’s starts were revised down to a 1.14 million-unit pace from the previously reported 1.16 million-unit pace. US Housing Starts Housing starts in 2Q were a touch higher than the…

  • US Home Builder Share Prices Increase

    Very positive moves by share prices of two of the biggest US home builders, DR Horton and PulteGroup, Thursday — even before US housing starts data came out — provide further indication that the long-suffering US housing market is slowly continuing to improve. US Home Builder Share Prices Rise Even before new US housing start…

  • US Real Estate and Housing Market: Mid-2016 Update

    The latest data out of the US this week shows sales of new single-family homes likely grew at a rate of 530,000 units in June, up 8.6 per cent from a 488,000 annualized pace in May, the Mortgage Bankers Association said Thursday. June’s estimated pace of sales was up 7 per cent from a year…

  • Lumber Production, Sawmill Capacity: WWPA

    The Western Wood Products Association, out of Portland, OR, this week released it’s latest monthly Lumber Track, highlighting Canadian and US lumber production and sawmill capacity. This latest issue also contains nal revisions for the WWPA’s 2015 Annual Mill Operating Survey results. Western Wood Productions Association Lumber Track: April 2016  Softwood lumber production by US…

  • Housing Starts Canada: May 2016

    Canadian Mortgage and Housing Corp said Monday the seasonally adjusted annualized rate of Canadian housing starts rose to 218,333, or 17 per cent, in June from a revised 186,709 in May.   Canada Housing Starts  Housing starts in Toronto totalled an annualized 45,848 in June, the highest since March, said CMHC. Vancouver re– corded a…