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Author: Madison’s Lumber Reporter

  • North America Infrastructure Building

    A $70 million commercial wharf being billed as a gateway for goods and products in and out of northern BC, the Yukon, and northern Alberta was officially opened September 17, according to the Terrace Standard. Located in Stewart, the Stewart World Port offers shippers a day and a half closer shipping time to and from…

  • Canada Investment in Residential Construction

    Spending on new Canadian housing construction was $4.2 billion in July, up 0.5 per cent from the same month a year earlier. according to Statistics Canada Tuesday. Nationally, the gain came from higher investment in apartment and apartment-condominium building construction, which increased 17.5 per cent to $1.4 billion and also, to a less- er extent,…

  • US House Prices

    US home prices climbed 0.6 per cent on a seasonally adjusted basis from June, the Federal Housing Finance Agency said in a report from Washington Tuesday. The gain was 5.8 per cent from a year earlier. The FHFA’s index is 1.1 per cent below its March 2007 peak and about the same as the November…

  • US New Home Sales, Prices: August 2015

    Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into autumn. Sales of new, single-family homes rose by 5.7 per cent to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. US New Home Sales New- home sales account…

  • US Existing Home Sales, Prices: August 2015

    Existing home sales tumbled 4.8 per cent in August to a 5.31 million seasonally adjusted annual rate, the National Association of Realtors said Monday, the steepest month-to-month decline since January, when they fell 4.9 per cent. Existing Home Sales, US Behind the decline in existing home sales were particularly big drops in the West and…