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Housing Starts, Sales : US
Groundbreaking on new US homes dropped 16 per cent in January compared to December, and dipped 2 per cent lower than their level one year earlier, data released by the US government Friday shows. The decrease had been widely expected, thanks to January’s cold and stormy weather. New home starts in January were at an…
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Japan Housing Starts : December and Full-Year 2013
Total 2013 housing starts in Japan recovered to 980,025 units, up from a low in 2009 of 788,000 units, said the Japan Lumber Reports Friday. This compares to 834,117 total starts for 2011, according to the February 12, 2012 issue of the Reports. That year starts improved by 2.6 per cent over 2010. Condominium…
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US Log and Lumber Exports Up : 2013
Log and lumber exports from Washington, Oregon, northern California, and Alaska increased by 20 per cent in volume in 2013 compared to 2012, the US Forest Service’s Pacific Northwest Research Station reported Friday. The total value of these exports also jumped, by nearly 37 per cent for log exports and by 23 per cent for…
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Interfor Reports, Buys
International Forest Products, or Interfor, out of Vancouver, BC, Thursday reported net earnings of $11.4 million or $0.18 per share in 4Q 2013, compared to net losses of $0.1 million or $0.00 per share in 3Q and $3.8 million or $0.07 per share in 4Q 2012. Also this week, Interfor agreed to purchase operations including…
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Housing Starts, Japan
On January 31, Japan’s Ministry of Land, Infrastructure, Transport and Tourism announced that housing starts in December were 89,578 units, up 18 per cent compared with the same month in 2013, exceeding the result in a year ago for 16 months, according to Japan Lumber Journal. The seasonally-adjusted annual rate was 1,055,000 units, recording the…
