Lumber prices continue to freefall

Forest2Market — Last week, southern yellow pine (SYP) lumber prices continued a precipitous drop for the fifth week in a row, marking the single largest weekly change—in both dollars and as a percentage—of 2020. Forest2Market’s composite SYP lumber price for the...

Ontario’s wildland fire season officially ends

Toronto — Ontario’s 2020 wildland fire season officially ends tomorrow, closing a season well below Ontario’s 10-year average in total number of fires and total affected area, but one which posed a new level of risk due to the COVID-19 outbreak for...

Pending home sales retreat in september

NAHB — After reaching a record high last month, pending home sales cooled in September, ending four straight months of gains. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on...