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US Housing and Real Estate Situation
By: Stephen Kim, Barclays’ US building products and home-building-equity analyst via Business Insider “At this point, it has become hard to overlook housing’s dismally slow pace of recovery. Sure, home prices are back to historic highs and housing-market activity continues to pick up, but many important aspects of the housing market are depressed. The housing…
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Home Building and Selling 2015, USA
“In hot real estate markets in the US, what’s happening is rental housing is being built to profit from rising rents and luxury housing is being built to meet the demand from wealthy overseas buyers,’ warns Adam Taggart in Market Oracle October 10. Elsewhere, in a chilling 88-page industry note, Barclays analyst Stephen Kim warns…
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Question about Forestry Economics from Lumber Consumer:
that’s a good question! somebody in one of my LinkedIn groups asked: — Board Member at Eco Building Products Quantifying the 2015 NA Softwood Lumber Market in terms of USD “I have seen 2015 consumption forecasts at 54.1 billion BF but have not seen this put in USD terms. Suggestions greatly appreciated.” Madison’s Answer: Most…
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Madison’s Lumber Reporter KEY PRICES Week of 10/16/15
A selection of Key Lumber and Panel Prices, to be published in this week’s issue of Madison’s Lumber Reporter: WSPF KD R/L 2×4 #2&Btr . . . $256 . . +$6 WSPF KD R/L 2×6 #2&Btr . . . $248. . . +$4 WSPF KD R/L 2×8 #2&Btr . . . $278 . . .…
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Trade Deals: North America and International
Just as the 2006 Canada-US Softwood Lumber Agreement is expiring, leaving a one-year stand-still period before either country can embark on any kind of trade action against the other, the Trans-Pacific Partnership is signed between twelve Asian and North American countries, including Canada and the US. That agreement now has to be passed domestically by…
