-
US Log Exports: 2Q 2014
Log exports from Washington, Oregon, northern California, and Alaska totalled 515 million board feet in volume in 2Q 2014, an increase of more than 10 per cent compared to 1Q 2014, the US Forest Service’s Pacific Northwest Research Station reported today. During this same period, West coast lumber exports decreased by 4 per cent to…
-
US Pending, New Home Sales: July ‘14
A gauge of pending home sales rose 3.3 per cent in July to reach the highest level in 11 months, signaling that upcoming closings of existing homes are likely to speed up, the National Association of Realtors reported Thursday. The index of pending home sales hit a seasonally adjusted 105.9 in July, compared with 102.5…
-
US Housing Starts
Home construction in the US surged in July. Housing starts climbed almost 16 per cent last month to an annual rate of 1.093 million units, the Commerce Department said Tuesday. That marked the highest level of construction since November, driven by a pronounced rise in new apartments. Home construction rose 22 per cent in the…
-
Southern Pine Lumber Exports: June 2014
USDA’s Foreign Agricultural Service reported Friday exports of Southern Pine to be approximately 41.2 million board feet (MMbf) during June 2014. This volume represents an increase of just 2 per cent above the same month last year. But collectively, the first half of this year has recorded a hefty increase of 22 per cent when…
-
Housing Starts, Japan
After dropping since April due to a new consumption tax, housing starts in Japan increased in June by 11.8 per cent compared to May, to 75,727 units, according to Japan Lumber Reporter Friday. Seasonally adjusted starts were 883,000 units. June starts were down 9.5 per cent compared to the same month one year ago. Japan’s…
