by Web Editor | Jul 2, 2014 | News
Hardwood lumber sellers will face some headwinds this summer from sluggish new home starts and existing home sales, reduced remodeling market growth, and slower exports. Year-on-year growth in sales of kitchen cabinets, residential flooring and other wood products for...
by Web Editor | Jun 23, 2014 | News
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital Economics, a London-based...
by Web Editor | Jun 4, 2014 | News
Home construction in California is on the upswing as the housing market slowly recovers from the dramatic downturn of the recession that saw home prices and new construction plummet. Going hand in hand with the increase in home building is the demand for lumber for...
by Web Editor | May 19, 2014 | News
Export Development Canada (EDC), the federal Crown corporation that provides financing to Canadian exporters, is forecasting that an increase in lumber shipments overseas will drive the B.C. economy for the next two years. The forestry sector is predicted to grow by...
by Web Editor | Mar 7, 2014 | News
Mark Elston followed his father into the timber industry back when business was booming. “When I started, you could really mess things up and still make good money,” he said. “You can’t do that anymore.” Elston runs a lumber mill in...
