The Oregon Natural Resources Report - Agricultural News from Oregon

Big changes in log prices, housing starts

June 8, 2015 --

By Rick Sohn, PhD
Umqua Coquille LLC

Housing starts have finally shot up 20% while unsold home inventory dropped. Mortgage interest rates remain favorable, and home value is increasing. Yet, US softwood market is being harmed by Canada. Trends of lumber, home construction, and housing markets, are compared to 2006.

chart-sohnjune2015

Interpretation and Looking Ahead.



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