-
US New Home Sales: August 2017
Contracts for new single-family home sales in the US declined 3.4 per cent in August to a 560,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Tuesday. This was the second month of decline for the pace of new home sales and the weakest rate…
-
BCFii Year-in-Review: 2016/17
This week British Columbia Forestry Innovation Investment released it’s 2016/17 Year in Review report. British Columbia Forestry Innovation Investment is a BC Crown agency with a mandate that includes developing and diversifying markets for BC forest products around the world as well as promoting forest practices and the environmental merits of wood products. According to…
-
Japan Wood Imports from North America: 1H 2017
Japan imports of North American logs for the first half of 2017 dropped 8.5 per cent compared to the same time the previous year, to 1.37 million cubic metres, while that of lumber increased 2.4 per cent, to 1.1 million cubic metres, said Japan Lumber Reports August 25. The decrease in log imports is due…
-
Renting in USA: New Reality
A total of 43 million Americans were renters in 2016, and of that number 47.7 per cent were cost-burdened, meaning these consumers spend more than 30 per cent of their income on housing, a threshold long used by the federal government to identify “rent-burdened” households, according to the US Census Bureau’s 2015 American Community Survey.…
-
Western Forest Products and Long Hoh Lay Off Workers
The Public and Private Workers of Canada and Unifor say 160 sawmill workers are being laid off, according to My Comox Valley Now Thursday. The layoffs are happening at the Ladysmith, BC, Western Forest Products sawmill and at Long Hoh Enterprises at Qualicum Beach, BC, both on Vancouver Island. Forestry Officer Cam Shiell says that’s…
