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US House Prices, Sales: January and February 2017
House prices in the United States remained flat in January, the first time in more than three years that they have not climbed, according to the Federal Housing Finance Agency monthly House Price Index Friday. As well, new US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was…
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US Condominium Absorptions: 3Q 2016
In 3Q 2016, condominium completions in the US rose considerably to 6,100, which is 2,800 units more than 2Q 2016 and 1,800 higher than completions in 3Q 2015, said the US Census Bureau, in collaboration with the US Department of Housing and Urban Development Tuesday. The condominium absorption rate also posted an increase to 74…
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Softwood Lumber and NAFTA
It’s looking increasingly like NAFTA is not going to get just “tweaked”, according to the latest meetings of new USTR appointee Robert Lighthizer, who formerly worked for Ronald Reagan. Lighthizer told his Senate confirmation hearing Tuesday that softwood is “at the top of the list,” said the Globe and Mail March 14. He said he…
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Madison’s Wood Pellet Report *new*
The brand-*new* monthly Madison’s Wood Pellet Report covers North America energy wood pellet manufacturing, distribution, and sales/export. Don’t miss out on what you need to plan operational strategy for RESIDUALS from your sawmill or other wood processing facility in Canada and the USA.Sign up today…take advantage of the big discount for our introductory sale .…
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US Construction Spending: January 2017
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. NAHB analysis of Census Construction Spending data, released March 1, shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate…
