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US Rental Rates, House Values: 1Q 2019

US Rental Rates, House Values: 1Q 2019

Rental rates in the US have been rising steadily for more than 10 years. The latest data, released April 30, shows that rents for an average US apartment have risen +1.5% in the past year and more than +4% since 2010. That’s a pretty high rate-of-return, even when compared to recent stock market gains. Seemingly conflicting data however, out Thursday, says US home values are dropping. Below find analysis of this important US real estate and housing market information: US…

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US Housing Starts Rise: April 2019

US Housing Starts Rise: April 2019

According to estimates from the U.S. Housing and Urban Development and Commerce Department released Thursday, single-family and multifamily starts in the US improved in April, consistent with the recent stabilization of the NAHB/Wells Fargo Housing Market Index (HMI). Single-family starts increased +6.2% to an 854,000 seasonally adjusted annual pace in April. Total multifamily starts increased +4.7% to a 381,000 annualized rate. U.S. homebuilding increased more than expected in April and activity in the prior month was stronger than initially thought. The…

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US Spending on Residential Improvements: Feb 2019

US Spending on Residential Improvements: Feb 2019

The most recent data, released Tuesday, from Construction Spending showed that spending on US residential improvements fell to a seasonally adjusted annual rate of US$173 billion in March 2019, -14.1% lower than a year ago. RA very important segment to sawmills and lumber manufacturers, residential Improvement Spending in the US has experienced weakness after reaching the peak of US$216.7 billion in April 2018. The recent downward trend in improvements spending mirrors the recent softness of NAHB’s Remodelers’ Market Index.  Private residential improvements, as defined…

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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: February 2019

North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: February 2019

The latest issue of the Western Wood Products Association’s monthly Lumber Track, for January-February 2019, shows a +2.1% increase in US softwood lumber production volume, to 5,780 mmfbm, compared to 5,659 million board feet (mmfbm) for the first two months of last year. There was a +3.3% increase for full-year 2018. January – February softwood lumber production in Canada dropped by -10.5%, to 4,084 mmfbm, compared to Jan-Feb 2018 when it was 4,562 mmfbm. In British Columbia lumber production continued…

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Using Madison’s Lumber Prices on SilvaStat360: Step-by-Step instructions

Using Madison’s Lumber Prices on SilvaStat360: Step-by-Step instructions

Here are step-by-step instructions how to use Madison’s Lumber Prices on SilvaStat360 via Forest2Market , with screen captures of the actual tool: DOWNLOAD INSTRUCTIONS 2-PG PDF: SS360 Madisons Tutorial Click this link to access your login https://silvastat360.forest2market.com/auth/signin?from_page=/ Click on “Madison’s Lumber Reporter” at the left on your landing page: Click on “View” at the top right menu to see the list of functions available: On the left are filters you can use to save specific commodities for future viewing: If…

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