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US New Home Sales: August 2017
Contracts for new single-family home sales in the US declined 3.4 per cent in August to a 560,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Tuesday. This was the second month of decline for the pace of new home sales and the weakest rate…
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BCFii Year-in-Review: 2016/17
This week British Columbia Forestry Innovation Investment released it’s 2016/17 Year in Review report. British Columbia Forestry Innovation Investment is a BC Crown agency with a mandate that includes developing and diversifying markets for BC forest products around the world as well as promoting forest practices and the environmental merits of wood products. According to…
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Japan Housing Starts: July 2017
According to a report released by the Ministry of Land, Infrastructure, Transport and Tourism on August 31st, Japan’s housing starts in July were 83,234 units, a drop of 2.3 per cent from the same month in the previous year, said Japan Lumber Journal September 15. When compared to the previous months, that figure decreased by…
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Japan Wood Imports from North America: 1H 2017
Japan imports of North American logs for the first half of 2017 dropped 8.5 per cent compared to the same time the previous year, to 1.37 million cubic metres, while that of lumber increased 2.4 per cent, to 1.1 million cubic metres, said Japan Lumber Reports August 25. The decrease in log imports is due…
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Heffler Forest Products Reopens
Jobs are coming back to Hefler Forest Products’ sawmill in Middle Sackville, NS, starting next month, said Stan Mason, president of the forest products company to The Hants Journal September 15. The company will be producing specialty wood products, including 12-foot and 16-foot lengths and deck boards. The new hires next month will amount to…
