by Web Editor | Aug 1, 2016 | News
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...
by Web Editor | Jun 13, 2016 | News
In October, developers will break ground on Framework, a 12-story, 130-foot-tall mixed-use tower in Portland, Ore., designed by local firm Lever Architecture. Fast on its heels is SHoP Architects’ 475 West 18th Street, a 10-story, 120-foot residential tower in the...
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 | Dec 21, 2015 | News
New WOOD MARKETS five-year forecast calls for continued volatility as North American and global lumber markets continue to recover and grow. In WOOD MARKETS’ new five-year forecast, the short-term outlook is that North American and global economies, as well as...
by Web Editor | Aug 12, 2015 | News
Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...
