The 15-year fixed-rate mortgage averages 5.85%, higher than last week.

Price for cork and articles of cork exported from Portugal lost 7%.

Price for lumber exported from Sweden to Morocco decreased slightly 0.9%.

Price for particleboard exported from China increased 33%.

Price for bleached softwood kraft pulp imported to China rose marginally 0.1%.

Price for logs exported from New Zealand to South Korea changed marginally 0.0%.

Imports of wooden pallets to China downed 3%.

Builders face economic uncertainty and affordability challenges, including higher construction costs, labor shortages, and elevated financing expenses.

Changes include closing the Sundsvall manufacturing site, adjusting operations in Gothenburg and Jelenia Góra, and temporary layoffs in Finland from June through December.

Price for lumber exported from Sweden lost 7%.

Exports of lumber from New Zealand expanded 6%.

Price for logs exported from New Zealand declined only 0.3%.

Price for logs exported from the U.S. to China contracted 10%.

Spruce sawlog stumpage averages Euro 81.33 per m3, while industrial roundwood purchases from private forests fall 39% from a year earlier.

Price for bleached kraft pulp imported to China rose 3%.

Price for lumber exported from Belarus to China expanded 6%.