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Canada Housing Starts: July 2016
The Canadian housing starts report from the Canada Mortgage and Housing Corp released Tuesday showed the seasonally adjusted annualized rate of housing starts declined to 198,395 in July, down from a revised 218,326 in June. Construction of multiple units fell 13.3 per cent. Housing Starts, Canada The expected fallback in Canadian housing starts in June…
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US Housing Affordability: 2Q 2016
According to the National Association of Home Builders / Wells Fargo Housing Opportunity Index, solid home price appreciation more than offset a modest reduction in mortgage interest rates to push housing affordability lower in 2Q 2016. The national median home price increased from US$223,000 in 1Q 2016 to US$240,000 in 2Q. Meanwhile, average mortgage rates…
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US Southern Pine, BC Lumber Exports: June 2016
Exports of Southern Pine lumber soared in June, amounting to a monthly record of 65.57 million board feet, according to the latest reports from the USDA’s Foreign Agricultural Service, said the Southern Forest Products Association Wednesday. Meanwhile in Canada, British Columbia forest product exports for January to June totalled $6.88 billion, up 6.9 per cent…
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Madison’s Forest Pulse: Quarterly North America Timber and Softwood Lumber Analysis
MADISON’S FOREST PULSE NEXT ISSUE WILL BE RELEASED IN A FEW WEEKS….ORDER NOW TO NOT MISS OUT!! The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK…
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Drop in Oregon Timber Harvest: 2015
Oregon’s timber harvest dropped 8 per cent last year, said OPB News July 25. Before the great recession, Oregon was producing about 4 billion board feet of lumber a year. That dropped after the recession as people stopped building houses. But it’s been climbing and for the last few years it’s been above 4 billion…
