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US Housing Starts Index, Home Sales: January 2016
US home building data for January showed declines for new home sales and housing construction said the National Association of Home Builders Wednesday. Builder confidence also declined but remains in positive territory. NAHB’s forecast is for continued, modest growth for single-family construction and a slowing of the growth rate for multifamily development in 2016. The…
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Home Price Index, US: December 2015
The Case-Shiller National Home Price Index, reported by S&P Dow Jones Indices Thursday, slowed to a 9.8 per cent seasonally adjusted annual growth rate in December, from 10.4 per cent in November. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 5.5 per cent in…
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Canadian Sawmill Exports, Sawmill Manufacturing Sales Full-Year 2015
New forest industry data out today from Statistics Canada and Industry Canada: Canada’s Total Exports for Sawmills (except Shingle and Shake Mills) To All Countries full year 2015, were up 3.5 per cent to $9,142 million, from $8,836 million the year earlier, said Statistics Canada today (Feb 24, 2016). Canadian Sawmill exports to US were…
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China Log Inventories, Prices: Jan 2016
New Zealand export log prices to China fell in January 2016 and rallied again in February to end up pretty much back at December 2015 levels, said Wood Matters Friday. Domestic log prices have continued to strengthen on the back of solid demand, especially for pruned logs. China log inventory has fallen from 2.7 million…
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Western Forest Products, Canfor, Goodfellow Report
Western Forest Products reported Wednesday revenue of $265.6 million in 4Q 2015, compared to $232.6 million for 4Q 2014. Canfor reported also Wednesday net income of $1.6 million, or $0.01 per share, for 4Q 2015, compared to $29.9 million, or $0.22 per share, for 4Q 2014. Quarterly Reports Goodfellow Inc, based in Delson, QC, reported…
