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Canada New Home Sales: May 2020
Home sales recorded over Canadian MLS® Systems rebounded by a record 57% in May 2020; although, that is as a percentage of the weakest month of April on record. As such, the May gain constituted a return of only a third of the activity lost between February and April, and the May 2020 sales figure…
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Fink Machine to Distribute Schmid Energy System Boilers in Canada
Fink Machine Inc., Canada’s largest supplier of wood chip and wood pellet boilers for commercial, institution and small industrial applications, is very excited to announce that we have added Schmid Energy Solutions boilers to our current product portfolio. Over the past 19 years, Fink Machine has been a very strong presence in the biomass heating…
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Softwood Lumber Prices June 2020 & US Housing Market: 1Q 2020
According to the US Federal Housing Finance Agency’s (FHFA) most recent House Price Index (HPI), released May 25, US house prices rose in 1Q 2020, up +1.7% from 1Q 2019 and up +5.7% from one year ago.Elsewhere, according to the CoreLogic Home Price Index Report, delivered June 9, national home prices saw a year-over-year increase…
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Softwood Lumber Prices Finish Reversing Direction After Firm Uplift
Sales of Western-Spruce-Pine-Fir construction framing dimension softwood lumber in the United States took a step back last week as civil unrest around the country led to most buyers taking a circumspect approach, by sitting on whatever inventory they had. Construction in the Western portion of the US continued to ramp up, albeit more slowly, as…
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Madison’s Weekly Softwood Lumber Prices
MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “There was a constant flurry of sales and inquiry in the East, particularly for panels. Demand in the West paused due to uncertainty.” Softwood Lumber Prices updated June 9, 2020 (CLICK TABLE TO ENLARGE)
