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As July Wanes, Lumber Prices Flatten

With the annual home building season well under way, most construction framing softwood lumber prices flattened out toward the end of July. Prices have crested at what could well become the “new normal”, which those interested in the forestry and sawmilling industries...

Increased Housing Construction Activity Brings Higher Lumber Prices

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the...

Madison’s Lumber Prices Index: July 21, 2023

The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbm The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbmThis is up by +0.8%, or +$4, from the previous week when it was US$494. For information regarding the...

Lumber Sales Improve in Mid-Summer 2023

A very late start to the annual seasonal building cycle finally brought improved lumber sales volumes at the beginning of July. Due to lowered production volumes over the past approximately one year, and ongoing sawmill curtailments, lumber supply did not meet demand....

Increased Housing Construction Activity Brings Higher Lumber Prices

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the...

US Housing Market and Lumber Prices: June 2023

US housing starts and new home sales data for May 2023 both show a turn-a-round point from the slow-down of mid-2022, when lending rates started to rise. Total housing starts in the US for May 2023 shot up by +22% from the previous month, to 1.631 million units,...