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Canada and BC Lumber Manufacturing, US Sawmill Trade 3Q 2015
New data out this week from Statistics Canada and the US Census shows stability in North America lumber manufacturing and cross-border trade. Madison’s Forest Pulse 3Q 2015 The next issue of quarterly Madison’s Forest Pulse will be out next week, and the latest data on Canadian softwood lumber production, sawmill sales, and lumber exports together…
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US Housing Starts, Sales
Construction companies in the US built more apartment complexes in September, resulting in a temporary rise in housing starts for a real estate market that otherwise appeared to have crested during the summer. Housing starts last month rose 6.5 per cent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said…
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US Housing and Real Estate Situation
By: Stephen Kim, Barclays’ US building products and home-building-equity analyst via Business Insider “At this point, it has become hard to overlook housing’s dismally slow pace of recovery. Sure, home prices are back to historic highs and housing-market activity continues to pick up, but many important aspects of the housing market are depressed. The housing…
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Home Building and Selling 2015, USA
“In hot real estate markets in the US, what’s happening is rental housing is being built to profit from rising rents and luxury housing is being built to meet the demand from wealthy overseas buyers,’ warns Adam Taggart in Market Oracle October 10. Elsewhere, in a chilling 88-page industry note, Barclays analyst Stephen Kim warns…
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Who Will Own the Forest? 11
It was time again for the annual Who Will Own the Forest? timberland investment conference held at the World Forestry Center in Portland, OR, a couple of weeks ago. As with the past few years, Forest Economic Advisors, out of Boston, MA, also held their Forest Products Forum that week. US MacroEconomic and Real Estate…
