-
Single Family Homes Are 1/3 of US Rentals
Read more: Single Family Homes Are 1/3 of US RentalsThe 2016 American Community Survey shows that renters occupied 43.8 million residences in 2016, explained the US National Association of Home Builders Tuesday. Of these rental homes, 34.8 per cent are one-unit single-family homes, 17.7 per cent are 2-4 unit structures. Therefore, more than half of all renters, approximately 53 per cent, lived in buildings…
-
Lumber Prices on a Runaway as Supply Continues Tenuous
Read more: Lumber Prices on a Runaway as Supply Continues TenuousA runaway lumber sales market surprised even Madison’s last week as Friday morning lumber futures on the Chicago Mercantile Exchange were cresting toward up-limit on the March contract, wavering at $480 but on small volumes. Actual support for lumber prices is definitely coming from the cash market, where under- stocked customers just keep coming back…
-
US Housing Starts: December 2017
Read more: US Housing Starts: December 2017Total housing starts in the US declined in December after strong readings for prior months due to weather-related delay effects in autumn. Total starts decreased 8 per cent to a 1.19 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD Friday. Nonetheless, over the course of 2017…
-
Canada Building Permits, Construction Investment: 2017
Read more: Canada Building Permits, Construction Investment: 2017The value of building permits issued by Canadian municipalities declined 7.7 per cent to $7.7 billion in November, said Statistics Canada Monday. CANADA CONSTRUCTION INVESTMENT AND BUILDING PERMITS: 2017 Investment in non-residential building construction in Canada totalled $13.7 billion in the fourth quarter, up 1.6 per cent over the previous quarter, marking a third consecutive…
-
Japan Housing Starts: November 2017
Read more: Japan Housing Starts: November 2017According to a report released by the Japan Ministry of Land, Infrastructure, Transport and Tourism on December 27th, Japan’s housing starts in November 2017 were 84,703 units (down 0.4 per cent from the same month in the previous year), falling below the previous year’s results for five consecutive months, said the Japan Lumber Journal Monday.…
-
Canada Lumber Production at Sawmills: October 2017
Read more: Canada Lumber Production at Sawmills: October 2017Lumber production rose 6.3 per cent from September to 5,991 thousand cubic metres of lumber in October, said Statistics Canada Wednesday. Production was 1.2 per cent higher than in October 2016. Sawmills shipped 5,884 thousand cubic metres of lumber in October, up 1.1 per cent from September and 0.3 per cent higher than in October…
-
North America Sawmill Capacity, Production: October 2017
Read more: North America Sawmill Capacity, Production: October 2017US sawmills produced 28.638 billion board ft. (bbf) of softwood lumber in the first ten months of 2017, another 4.3 per cent increase over last month, from 27.446 bbf from January to October the previous year, according to the Western Wood Products Association’s latest Lumber Track report Wednesday. CANADA AND US LUMBER PRODUCTION, SAWMILL CAPACITY:…
-
Severely Bad Weather Across Continent Barely Slows Lumber Industry
Read more: Severely Bad Weather Across Continent Barely Slows Lumber IndustryDemand, especially from retailers, continued so strong this week that many North American sawmills were actually able to grow their order files. Current Softwood Lumber Prices Compared to Historical Highs. The below table is a comparison of June 2017 and January 2018 prices for benchmark dimension softwood lumber 2×4 prices compared to historical highs of…
-
US Home Building: Full Year 2018
Read more: US Home Building: Full Year 2018All signs and numbers point to a huge year for the US construction industry, declared CNBC Thursday. Construction spending in the US is soaring, rising more than expected in November to a record US$1.257 trillion, according to the Commerce Department. That was up 2.4 per cent annually. US PRIVATE RESIDENTIAL CONSTRUCTION SPENDING: NOVEMBER 2017 The…
-
NAHB 2018 International Builders’ Show®: January 2018
Read more: NAHB 2018 International Builders’ Show®: January 2018For the three days of the annual National Association of Home Builders 2018 International Builders’ Show® (IBS) last week, building industry professionals from across the globe discovered a variety of products and innovative concepts that are sure to enhance their businesses moving forward. For all of 2017, the US construction industry added 210,000 jobs, a…
-
Williams Lake, BC, Sawmill Post-Fire Rebuild
Read more: Williams Lake, BC, Sawmill Post-Fire RebuildWork is underway at Tolko Industries’ Lakeview Division in Williams Lake, BC, where the sawmill building was damaged by fire at the beginning of November. The Tolko board has approved the sawmill’s reconstruction, said Tom Hoffman, Tolko’s manager of external and stakeholder relations to the Quesnel Observer Tuesday. Williams Lake Sawmill Rebuild Tolko’s manager of…
-
US Trade Entanglements
Read more: US Trade EntanglementsMadison’s has word from US Customs Brokers working the border that — upon requesting clarification from Customs and the DoC — it seems that, at least for now, shake and shingles are also captured in the highly punitive US softwood lumber CV and AD duties. As the bizarre US newsprint trade claim against Canada last…
-
US Home Sales, House Prices, Construction Spending: Nov 2017
Read more: US Home Sales, House Prices, Construction Spending: Nov 2017The latest data out of various US home building and sales agencies show a housing construction market much hotter than was anticipated in most projections for 2017. Construction spending in the US during November 2017 was estimated at a seasonally adjusted annual rate of US$1,257 billion, 0.8 per cent above the revised October estimate…
-
Canadian Forest Industry: Oct 2017
Read more: Canadian Forest Industry: Oct 2017A flurry of full-year 2016 and October data for Canada’s forest products industry was released by Statistics Canada just before the end of last year. Manufacturing industry, including logging, and GDP by industry data is now out. Canada Forest Industry: October 2017 Total revenues reported by Canadian manufacturers increased to $664 billion in 2016, up…
-
Madison’s North American Heating Wood Pellet Report: Nov 2017
Read more: Madison’s North American Heating Wood Pellet Report: Nov 2017Call our office or reply to this email now to receive a *FREE* full sample of the latest issue of Madison’s wildly popular Heating Wood Pellet Report, containing one full page of regional pellet prices across Canada and the US. Special one-time offer…. Don’t miss out on the latest data from Statistics Canada and US…
