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Japan Housing Starts
Total housing starts in Japan for April were 75,286 units, a 3.3 per cent drop from one year ago, and representing two months’ decline, according to Japan Lumber Reports. This is a slight improvement over March starts of 69,111, and brings seasonally-adjusted annual starts to 906,000. Housing Starts, Japan New construction of owners’ units in…
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US Treasury Budget Deficit
The Treasury May Monthly Treasury Statement released Wednesday reported a US$130 billion deficit in May 2014, down from US$138 billion in May 2013. For fiscal year 2014 through May, the deficit was US$436 billion, compared to US$626 billion for the same period in fiscal 2013. The Congressional Budget Office released their Updated Budget Projections: 2014…
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Wood Trade Globally
A wide array of data was released this week demonstrating softwood imports and exports to various regions of the world: The US imported 8.932 million cubic metres of softwood lumber between January and April 2014 according to the US Federal Acquisition Service (FAS), a 3 per cent increase over the same period last year. Canada’s…
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BC Sawmill Worker Injured
Details about the condition, identity, and injuries of a Centurion Lumber Manufacturing worker, hurt late Thursday morning in a planer mill near Chemainus, BC, were unknown at press time. Cpl. Jon Stuart of the North Cowichan/Duncan RCMP confirmed on scene man in his mid- to late-50s was seriously injured at 11:33 a.m. in the firm’s…
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US Real Estate, Mortgages
Asking home prices rose at their slowest rate in 13 months, rising just 8 per cent year-over-year, or 7.2 per cent excluding foreclosures, according to Trulia Thursday. Although this year-over-year increase is slower than in previous months, an 8 per cent increase is still far above the long-term historical norm for home-price appreciation, the agency…
