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North America Commodity Softwood Lumber Price Comparison
Read more: North America Commodity Softwood Lumber Price ComparisonAs Madison’s is preparing the next issue of our quarterly Forest Pulse, this seems like a good time to update readers on a ten-year price trend comparison of several of the most commonly-traded softwood lumber commodity prices. Three Main 2×4 Construction Framing Dimension Lumber Prices: 10 Years Benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr Prices Ten…
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US Negative Equity Rate, Home Property Values
Read more: US Negative Equity Rate, Home Property ValuesAccording to the Zillow Negative 2Q Equity Report, released Thursday, the overall US negative equity rate as of the end of 2Q 2016 – the share of homeowners that were underwater, owing more to their lenders than their home was worth – was 12.1 per cent. That’s down from 12.7 per cent in 1Q and…
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Softwood Lumber Negotiations Lack of Update
Read more: Softwood Lumber Negotiations Lack of UpdateCanada and the United States remain “far apart” on several important points concerning a new agreement on softwood lumber, according to the Canadian government’s chief negotiator, said CBC Thursday. Testifying before the House of Commons committee on international trade on Thursday, Martin Moen, an official with the department of Global Affairs, said there have been…
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Softwood Lumber Negotiations Lack of Update
Read more: Softwood Lumber Negotiations Lack of UpdateCanada and the United States remain “far apart” on several important points concerning a new agreement on softwood lumber, according to the Canadian government’s chief negotiator, said CBC Thursday. Testifying before the House of Commons committee on international trade on Thursday, Martin Moen, an official with the department of Global Affairs, said there have been…
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Canada Housing Starts: July 2016
Read more: Canada Housing Starts: July 2016The 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 Household Debt: 2Q 2016
Read more: US Household Debt: 2Q 2016The Federal Reserve Bank of New York’s Center for Microeconomic Data Tuesday issued its Quarterly Report on Household Debt and Credit, which reported that household debt increased by US$35 billion (a 0.3 per cent increase) to US$12.29 trillion during 2Q 2016. This moderate growth was driven by increases in auto loan and credit card debt,…
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US Housing Affordability: 2Q 2016
Read more: US Housing Affordability: 2Q 2016According 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 Real Estate Market, Housing Affordability
Read more: US Real Estate Market, Housing AffordabilityHomeownership rates in the US have collapsed to 63.1 per cent, down from 2004 highs of about 69 per cent, according to the US Census Bureau Wednesday. As homeownership rates come full circle from the early 1990s levels, the Median Asking Price for Vacant Units has steadily risen. Meanwhile, according to the National Association of…
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Canada & US Sawmill Production and Capacity: May 2016
Read more: Canada & US Sawmill Production and Capacity: May 2016US softwood lumber production for January to May 2016 was 13,369 million board feet, up 1.8 per cent from 13,127 mmfbm one year ago, according to the latest edition of the Western Wood Products Association’s Lumber Track, released Monday. http://www.wwpa.org In Canada production rose 9.2 per cent, to 11,874 mmfbm from 10,878 mmfbm in the…
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US Southern Pine, BC Lumber Exports: June 2016
Read more: US Southern Pine, BC Lumber Exports: June 2016Exports 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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US Southern Pine, BC Lumber Exports: June 2016
Read more: US Southern Pine, BC Lumber Exports: June 2016Exports 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
Read more: Madison’s Forest Pulse: Quarterly North America Timber and Softwood Lumber AnalysisMADISON’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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Madison’s Forest Pulse: Quarterly North America Timber and Softwood Lumber Analysis
Read more: Madison’s Forest Pulse: Quarterly North America Timber and Softwood Lumber AnalysisMADISON’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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Wildfire Season, North America 2016
Read more: Wildfire Season, North America 2016Just as another terrible wild re season is upon Canada and the US, the Utah Department of Natural Resources’ newly developed, interactive site — www.utahwilfirerisk.com — allows users to search for and zoom into particular neighbor– hoods or recreation areas on a statewide map to see the wild re risk in that zone. It’s essentially…
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Drop in Oregon Timber Harvest: 2015
Read more: Drop in Oregon Timber Harvest: 2015Oregon’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…
