by Web Editor | May 1, 2013 | News
With new home construction hitting a million new starts a year for the first time since 2008, a national forest management firm reports that timber prices for large standing trees are rising off the bottom and lumber is starting to soar. Marshall Thomas, president of...
by Web Editor | Apr 3, 2013 | News
Canada’s forestry sector is touting a new generation of high-tech lumber as a way to gain a foothold in a part of the construction industry from which it has long been shut out: condominiums. Officials at the Forest Products Association of Canada are pushing to have...
by Web Editor | Mar 25, 2013 | News
Housing starts in February rose 0.8% from January, to a seasonally adjusted annual rate of 917,000, the Census Bureau said Tuesday. The rate is 27.7% above February 2012. Single-family starts were running at a 618,000 annual rate, up 0.5% from January. In addition,...
by Web Editor | Mar 15, 2013 | News
Lumber futures have climbed to their highest level since 2005 and they have gained around 9% this year, with most of that gain seen just this month as the outlook for U.S. housing improves. “Lumber, like other raw commodity goods, is a good indication of economic...
by Web Editor | Mar 11, 2013 | News
There’s no way North American stud lumber sawmills will be able to keep up with the recovering U.S. housing market, new research being compiled by the International Wood Markets Group shows. The shortage of studs — boards used to frame walls in residential houses — is...
