The Oregon Natural Resources Report - Agricultural News from Oregon

Housing starts, permits flat. Prices up

July 4, 2016 --

By Rick Sohn, PhD
Umqua Coquille LLC
Stud prices are up and most statistics are favorable for the economy, despite the fact the housing starts remain unchanged. Further improvements are expected over the next 4-years. Recent trends of lumber, logs, home construction, and housing markets, are compared to 2009 and 2005.

chart-sohn-july16

* A lumber board foot is 12 inches by 12 inches by 1 inch. A log board foot is much larger, to account for losses in manufacturing due to round logs saw kerf, etc. The log remains become chips, which are used for paper and fuel.



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