US Housing Market and Lumber Prices Update: April 2024

The decrease in US housing starts for March marks the biggest drop in total starts since the beginning of the pandemic in April 2020. However, revisions to the two prior months added roughly 29,000 units to the previously reported tallies. Madison’s Lumber Prices...

Stagnant Lumber Market Keeps Prices Flat

As mid-April arrived it seemed like the recent practice of customers holding off buying volumes of wood, making purchases for immediate needs only, was becoming an entrenched habit. Historically at this time of year the seasonal stocking up of lumber inventory would...

Softwood Lumber Prices: Market Dynamics

Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often...

Lumber Market Update: Early April 2024 [video]

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 05, 2024, the price of WSPF 2×4 #2&Btr KD (RL) was US$452 mfbm, which from the previous week.That week’s price is flat from one...

Madison’s Lumber Prices Index April 12, 2024: US$481 mfbm

The Madison’s Lumber Prices Index for the week ending april 12, 2024 is: US$481 mfbm The Madison’s Lumber Prices Index for the week ending April 12, 2024 is: US$481 mfbmThis is down by -1%, or -$5, from the previous week when it was US$486. For information regarding...

Soft Demand Drops Lumber Prices Slightly

Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. After the previous two years of economic upheaval and unprecedented price highs, forest industry players and home...