Skyrocketing lumber prices a sign of the times?

Forest2Forest –If we’ve learned one thing about economic uncertainty during the COVID-19 pandemic, it’s that markets will always react to demand regardless of the conditions. As tissue & towel manufacturers have demonstrated over the last several months...

The economy and beyond

By Elliot Eisenberg PhD Despite a strong start to 2020, including a record low unemployment rate and surprisingly strong job growth in both January and February, the longest expansion in US history came to a screeching halt the week of March 9th when over three...

NAHB eye on housing

NAHB recently updated its priced out estimates for 2019. The new estimates show that, if the median U.S. new home price goes up by $1,000, 127,560 households would be priced out of the housing market nationwide. In other words, based on their incomes, 127,560...

Lumber continues to make large improvements

VANCOUVER, CNW — Residential housing starts in the US slumped -30% from the previous month to a seasonally adjusted annual rate of 891,000, the lowest level since 2015, the Commerce Department said. Data for March was revised up to show homebuilding declining to...