Lumber Blog

Breakings Lumber Industry News and Market Indights

US Existing Home Sales Rise Again

US Existing Home sales rise more than forecast for the second straight month, showing continued strength in the housing market. #ushomesales #realestate #lumber U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers...

High Lumber Prices Give Canadian Mills record profits

The current high lumber prices across the US have given Canadian mills record profits, while the current US/Canadian trade dispute remains unresolved - it has everyone bracing for...

2018 Lumber Outlook

2018 Lumber Outlook from Wood Markets By Russ Taylor Jan. 3, 2018 - After the currency-driven global lumber price slump in 2015, market demand and prices both started to improve in 2016. While overall global demand improved modestly in 2017 – at only half the rate of...

US February housing starts fell 7 pct after January surge

WASHINGTON (AP) — U.S. homebuilders broke ground on fewer apartment complexes in February, causing overall housing starts to fall 7 percent. The Commerce Department said Friday that housing starts last month were at a seasonally adjusted annual pace of 1.24 million, a...

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