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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…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs: August 31, 3018
A seemingly incomprehensible North America softwood lumber market in 2018 continued it’s recent stabilization to end this pre-Labour Day holiday week somewhat moderated over last week. In the past week softwood lumber futures on the Chicago Mercantile Exchange have swing between US$425 and US$450, which provided little additional insight to this puzzling year but at…
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British Columbia Wildfires 2018/18: Impact on Forest Industry
The worst of possible bad news has happened and the wildfires across North America this year are as bad or worse than 2017. It looks like the wildfire experts were correct for the past couple of years when they said these epic forest fires are the new normal. Wildfire ecologists in British Columbia have been…
