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North America Softwood Lumber Production, Sawmill Capacity Utilization Rates
Softwood lumber production in Canada continued it’s drop from last year, falling another -1.7% in January to June 2018, from 14,560 million board feet to 14,316 mmfbm for the same time last year, said the Western Wood Products Association’s monthly Lumber Track Tuesday In the US, softwood lumber production stayed on an upward trajectory for…
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US Home Building, Construction Materials Prices
A series of powerful storms approaching the US east coast this very week has locals in emergency mode and authorities warning of possible heavy damage. As these severe climate scenarios across North America continue to unfold so rapidly one after the other; first wildfires then almost immediately floods and storms, home and property owners alike…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs: Sept 10, 2018
Following the Labour Day long weekend in Canada and the US, forest industry professionals came back to their desks this week to lumber prices further stabilized over the massive volatility of earlier this year. Very robust US new home building and remodelling — that most had not predicted last year — continues to drive unrelenting…
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BC Forest Products Exports Jan – July 2018: Values Up, Volumes Down
This week the Economic Services Branch of the British Columbia Ministry of Forests, Lands, Natural Resource Operations and Rural Development released both the annual Economic State of B.C.’s Forest Sector for 2017 and the latest data on BC forest products exports, for January to July 2018: 2017 Economic State of the British Columbia Forest Sector…
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US Home Prices Rise 3X Faster Than Rents
In a very interesting metric that provides excellent forecast to future US home prices, according to Construction Wire, as home prices rise across the US, choosing to rent has become increasingly popular. New analysis by realtor.com® reveals the monthly costs of buying a home have risen by 14% over the past year. This is more…
