Author: Madison’s Lumber Reporter

  • US Housing Starts

    US housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 per cent to a seasonally adjusted annual rate of 946,000. February’s starts were revised to show a 1.9 per…

  • Oregon Timber Revenue

    Eighteen western Oregon counties received US$39.6 million in another set of one-time federal payments for lands once owned by the Oregon & California Railroad, according to the Statesman Journal Thursday. Timber Revenue, Oregon The release was announced by the Bureau of Land Management, which oversees most of those lands. The Forest Service released US$68 million…

  • BC College Receives Funding

    The College of New Caledonia received its largest-ever grant Thursday, according to the Prince George Citizen. Natural Sciences and Engineering Research Council of Canada has given the college $1.88 million and the CNC Research Forestry Society has given $200,000 to research innovations in the forestry industry. The college will work with key players in the…

  • L and S Lumber Closes

    A long time Nova Scotia sawmill has shut its doors, according to Atlantic Farm Focus Thursday. L and S Lumber in Caledonia, once known as NF Douglas Lumber, ceased operations April 7. The sawmill has many years of history behind it, operating formerly as the NF Douglas sawmill from the late 1800’s until it was…

  • US Real Estate

    A report April 11 from Zelman & Associates said it the analyst firm now expected a 5 per cent drop in sales of previously owned homes in America for 2014, to a seasonally adjusted annual level of 4.8 million units. At the start of this year, the firm had forecast nearly a 6 per cent…