September 30, 2009 - Update: Lumber falls 15%, Housing up, Permits up
By Rick Sohn, Umpqua Coquille LLC Timber Industry Report, September 28, 2009 Lumber prices fell 15%, housing starts and building permits are up only slightly, and unsold inventory actually rose after falling for months. Perhaps the brightest spot this month is the historically low mortgage interest rate. See the 3-year […]