By Rick Sohn, PhD
Umqua Coquille LLC
Housing starts, home values, and lumber are climbing only slowly, mortgage interest rates are the lowest in 3 years, and log prices peaked in January, so far this year. One southern Oregon mill closed, another cut production, and forest health management is stalled. Recent trends of lumber, home construction, and housing markets, are compared to 2009 and 2005.
Interpretation and Looking Ahead.
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