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US Housing Starts: December 2017
Total 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…
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Canada Building Permits, Construction Investment: 2017
The 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…
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Japan Housing Starts: November 2017
According 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.…
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Canada Lumber Production at Sawmills: October 2017
Lumber 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…
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North America Sawmill Capacity, Production: October 2017
US 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:…