by Web Editor | Aug 15, 2016 | News
A healthier economy, stable job growth and low mortgage interest rates have led to a slow but steady recovery in the housing market after seven lean years of new home construction. Moreover, home prices continue to increase across the country, resulting in increased...
by Web Editor | Apr 22, 2016 | News
West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the Commerce...
by Web Editor | Nov 27, 2013 | News
Rick R. Holley is CEO of a real estate investment trust that owns about 6.3 million acres in 19 states, including 720,000 acres in 22 counties in Arkansas. Before becoming CEO of Plum Creek Timber in 1994, Holley had served as vice president and chief financial...
by Web Editor | Nov 22, 2013 | News
U.S. lumber prices have firmed in recent months as rising housing starts have put pressure on lean inventories, creating a supply shortage that has yet to fully unwind, executives and industry experts told MNI. Some further gains can be expected in 2014 as the housing...
by Web Editor | Apr 15, 2013 | News
Weyerhaeuser is fired up about the housing recovery. It manages and harvests timberlands and manufactures wood products used in home construction, such as plywood, particleboard and engineered wood. Weyerhaeuser also builds single-family homes under various brand...
