July 11, 2013 - Prices down, rates up, Housing starts wobble
Timber Industry Report By Rick Sohn, PhD Coquille LLC Good news/bad news. Product prices are down and mortgage rates are up. Housing starts are lackluster, but unsold inventory is down. Seven-year trend of lumber, logs, housing, and mortgage statistics are shown below. Interpretation The housing recovery has entered a readjustment […]