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Lumber prices stay flat as sector braces for impact of wildfire season
Fri, July 11, 2014 The sheer confusion which reigned for dimension lumber buyer and sellers in June has dissipated, much as the dual Canada-US national holiday break has faded from memory. This week North American lumber traders reported stable sales volumes and a return to consistent pricing. Almost on cue, serious wildfires broke out in…
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Lumber prices stay flat as sector braces for impact of wildfire season
Fri, July 11, 2014 The sheer confusion which reigned for dimension lumber buyer and sellers in June has dissipated, much as the dual Canada-US national holiday break has faded from memory. This week North American lumber traders reported stable sales volumes and a return to consistent pricing. Almost on cue, serious wildfires broke out in…
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US Residential Construction Employement
There was solid job growth for home builders and remodelers in March, according to data from the Bureau of Labor Statistics Friday. The residential construction industry added 9,100 jobs for the month on a seasonally adjusted basis, 3,100 working for builders and 6,000 residential specialty trade contractors. Construction Employment, US Total consgtruction industry employment…
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Canada Housing Starts
The pace of Canadian housing starts slowed in January with a steep drop in multiple-unit homes, an indication builders are adjusting to a slowdown in buyers, according to Canada Mortgage and Housing Corporation (CMHC) Monday. The agency estimates there were 11,737 actual housing starts in January and that is extrapolated to a seasonally adjusted annual…
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UK Timber Shortage
The “Grown in Britain” campaign this week launched a report detailing proposals to boost Britain’s domestic forest industry. The construction industry was hoping that the report would contain suggestions for increasing the amount of British-grown timber available for new buildings, said The Economist Thursday. But the report merely suggests that there is a need for…