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Japan Building Projection: Fiscal Year 2017
On July 26, Japan’s Research Institute of Construction and Economy and the Economic Research Association released “Outlook of Construction Investment According to Construction Economy Model”, said Japan Lumber Journal October 15. In that report, the organizations predict Japan housing starts in fiscal 2017 (from April 2017 to March 2018) to decrease 1.3 per cent compared…
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North America Wildfire Damage Update: October 2017
British Columbia recorded its worst-ever fire season this year, said CBC Monday. Wildfires that began in early April scorched just over 12,000 square kilometres of timber, bush, and grassland and at their height forced 45,000 people from their homes. Climate change didn’t directly cause major wildfires in Alberta and British Columbia this year but it…
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US New Home Sales: September 2017
Contracts for new US home sales expanded by 18.9 per cent in September to a 667,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Wednesday. The solid reading in September returns new home sales to the positive growth trend it has been on for several…
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Madison’s Softwood Heating Pellet Report: September 2017
Last week Madison’s Lumber Reporter subscribers have received an email with the special one-year anniversary issue of the wildly-popular monthly North America residential heating softwood pellet price report. We will continue to make the exciting changes we have started, so next month’s issue — for October 2017 — will be still expanded and improved. Don’t…
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Roseburg Sells, Solifor Buys…
Roseburg Resources, out of Sprinfield, OR, is selling 170,000 acres of timberland in Siskiyou and Shasta counties an Australia management firm, according to the Mail Tribune Thursday. Roseburg has operations in three Northwest states, including a medium density fiberboard plant in Medford, and four Southeast states. The buyer is New Forests, a US$3 billion firm…
