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US Residential Construction Spending
National Association of Home Builders analysis finds that over the last year, the pace of private single-family construction spending increased 9.7 per cent and multifamily construction spending increased 31.5 per cent For the month of February, the annual rate of single-family construction spending was US$203.9 billion, down 1.4 per cent from January. The February rate…
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US Existing Home Sales: February 2015
Existing home sales in the US increased 1.2 per cent in February, and the share of sales for first-time buyers registered its first gain since last November. The National Association of Realtors (NAR) reported February 2015 total existing home sales at a seasonally adjusted rate of 4.88 million units combined, up from 4.82 million units…
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BC Government Announcements
The British Columbia Ministry of Forests, Lands and Natural Resource Operations this week announced changes to BC forestry legislation intended to enhance the effectiveness of BC Timber Sales. Proposed amendments to the Forest Act will enable holders of pulpwood agreements to sell or transfer their agreements. BC Timber Sales Changes Amendments to forestry legislation…
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US Home Sales, Prices
Builders in the US signed contracts on more homes last month than any time since early 2008, according to figures released by the Census Bureau and HUD. February seasonally adjusted annual new home sales topped out at a 539,000 annual pace, up 7.8 per cent from a healthy 500,000 rate in January. In percentage terms,…
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Oregon Timberlands. Timber Access, and Timber Revenue
FULL STORY HERE: http://www.oregonlive.com/mapes/index.ssf/2015/03/aid_to_timber-dependent_oregon.html Federal aid that has provided a financial lifeline for timber-dependent counties in Oregon may soon start flowing again after a key congressional deal was announced Tuesday. House Republican and Democratic leaders agreed to include the timber aid – which will pump about US$100 million a year into the economy in mostly…
