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US New Home Sales: September 2017
Contracts for new US home sales expanded by 18.9 per cent in September to a 667,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Wednesday. The solid reading in September returns new home sales to the positive growth trend it has been on for several…
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Madison’s Softwood Heating Pellet Report: September 2017
Last week Madison’s Lumber Reporter subscribers have received an email with the special one-year anniversary issue of the wildly-popular monthly North America residential heating softwood pellet price report. We will continue to make the exciting changes we have started, so next month’s issue — for October 2017 — will be still expanded and improved. Don’t…
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Roseburg Sells, Solifor Buys…
Roseburg Resources, out of Sprinfield, OR, is selling 170,000 acres of timberland in Siskiyou and Shasta counties an Australia management firm, according to the Mail Tribune Thursday. Roseburg has operations in three Northwest states, including a medium density fiberboard plant in Medford, and four Southeast states. The buyer is New Forests, a US$3 billion firm…
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Japan Housing Starts: August 2017
According to Japan’s Ministry of Land, Infrastructure, Transport and Tourism, Japan housing starts for August were 80,562 units (down 2 per cent from the same month in the previous year), falling below the previous year’s results for two consecutive months, said Japan Lumber Journal Monday. Japan Housing Starts The seasonally-adjusted annual rate for housing starts…
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US Wildfires Destroyed over 7,000 Homes
The latest word out of Madison’s contacts close to the Softwood Lumber negotiations Tuesday is that — in advance of the next looming ‘gap period’ this time on the anti-dumping duty — there will be some kind of announcement out of US Commerce dept regarding: ” sources are conveying that the AD/CVD aligned Final Determination…
