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Japan Housing Starts: July 2016
Read more: Japan Housing Starts: July 2016Japan’s Ministry of Land, Infrastructure and Transport disclosed Japan housing total starts at 85,208 units, and 8.9 per cent increase over one year ago and a 0.1 per cent drop from June, said the Japan Lumber Reports Friday. Japan Housing Starts: July 2016 Japan’s housing starts have been above 85,000 units for two months in…
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Housing Market, US: Mid-2016 Update
Read more: Housing Market, US: Mid-2016 UpdateThe US housing market is on a roll and is showing no signs of slowing down — that’s the key takeaway from Goldman Sachs’ most recent Housing Monitor research report, released Thursday. US Housing Market: Mid-2016 Update According to the Goldman Sachs research, US house prices have continued to grow close to a 5 per…
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US Rental Rate Increases
Read more: US Rental Rate IncreasesUSA Today reported Tuesday that apartment lease renewals hit an all-time high of nearly 54 per cent in 2016. This is up from 52.9 per cent last year and a more-conventional 45 per cent in the mid 2000s. US Rental Rates Millennials are faced with student debt and expensive home buying options, which drives…
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US Construction Employment Crisis
Read more: US Construction Employment CrisisUS construction employment slipped from July to August for the fourth time in five months, according to an analysis by the Associated General Contractors of America released September 2. US Construction Employment Problem US construction employment slipped from July to August for the fourth time in five months, but spending data suggest the recent weakness…
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Canada/US Softwood Lumber Negotiations Update
Read more: Canada/US Softwood Lumber Negotiations UpdateLast week Madison’s was contacted by representatives at the US Lumber Coalition, for their update on negotiations between the US Trade Department and Global Affairs Canada about the now-expired Softwood Lumber Agreement. “Our goal is to have market share negotiated, implemented using border measures,” detailed US Coalition reps. “A quota is our answer. The 2006…
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Canada/US Softwood Lumber Negotiations Update
Read more: Canada/US Softwood Lumber Negotiations UpdateLast week Madison’s was contacted by representatives at the US Lumber Coalition, for their update on negotiations between the US Trade Department and Global Affairs Canada about the now-expired Softwood Lumber Agreement. “Our goal is to have market share negotiated, implemented using border measures,” detailed US Coalition reps. “A quota is our answer. The 2006…
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BC Forestry Funding Announcement
Read more: BC Forestry Funding AnnouncementThe provincial government of British Columbia released a strategy Wednesday to ease the impact of a looming fall-down in the annual allowable cut as the aftermath of the mountain pine beetle epidemic takes hold in BC’s forests. Entitled “Strong Past, Bright Future,” it contains 49 actions aimed at three inter-related goals: healthy, resilient forests; diverse,…
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US House Prices, Construction Spending
Read more: US House Prices, Construction SpendingThe Case-Shiller (CS) National Home Price Index, reported by S&P Dow Jones Indices Wednesday, continued its upward trend in June. The index rose at a 2.5 per cent seasonally adjusted annual pace, faster than the 1.6 per cent in May. Elsewhere, NAHB analysis of Census Construction Spending data Thursday shows that total private residential construction…
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British Columbia State of the Forests 2015
Read more: British Columbia State of the Forests 2015In aggregate, 2015 was a similar year to 2014 for BC’s forest products sector, with a mix of “ups” and “downs”, said the BC Ministry of Forests “Economic State of the Forest Sector 2015” report, released Thursday. BC’s forest sector manufacturing sales increased slightly in 2015, though many product prices fell. Sales gains were almost…
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In Memoriam
Read more: In MemoriamIt is with the deepest sadness that we must report the passing of Madison’s previous owner, Laurence Cater, August 25, 2016. On the advice of his father-in-law, Laurie bought this publishing company from Peter Madison in 1973. The two worked together for five years. Laurie retired as publisher of Madison’s Lumber Reporter and Madison’s Canadian…
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In Memoriam
Read more: In MemoriamIt is with the deepest sadness that we must report the passing of Madison’s previous owner, Laurence Cater, August 25, 2016. On the advice of his father-in-law, Laurie bought this publishing company from Peter Madison in 1973. The two worked together for five years. Laurie retired as publisher of Madison’s Lumber Reporter and Madison’s Canadian…
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Tree Migration: British Columbia Study Update
Read more: Tree Migration: British Columbia Study UpdateNew research from the University of British Columbia suggests evolution is a driving mechanism behind plant migration, and that scientists may be underestimating how quickly species can move. The study, published July 28 in the journal Science, builds on previous research that has shown some plants and animals are moving farther north or to higher…
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Canada Wood Products Exports, US Imports: Jan – June 2016
Read more: Canada Wood Products Exports, US Imports: Jan – June 2016Exciting data out Thursday from Statistics Canada shows volumes of exports of Canadian wood products to the US for January to June 2016 are up +18 per cent (to world up +11.7 per cent) to 17.8 million cubic metres compared to 14.6 million cubic metres for the rst six months of last year. Elsewhere, the…
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Japan Housing Starts: June 2016
Read more: Japan Housing Starts: June 2016Japan’s housing starts in June were 85,953 units (down – 2.5 per cent from the same month in the previous year), according to the Ministry of Land, Infrastructure, Transport and Tourism, said the Japan Lumber Journal Friday. Although figure was below previous year’s for the first time in six months, when compared to the previous…
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Japan Wood Products Demand: July 2016
Read more: Japan Wood Products Demand: July 2016Data for Japan’s North America timber, as well as dimension lumber, imports for the rst six months of 2016 have been released this week. North American Timber and Log Market in Japan Export prices of Douglas fir logs in Japan for August shipment settled at the same level as in July, said the Japan Lumber…
