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Lumber Prices and Market Update: March 15, 2024 [video]

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 8, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$452 mfbm, which is flat from...

Prices of Lumber Jump as Sales Improve

Even as true spring weather has not yet begun this year, lumber sales improved to the point that prices surpassed the levels of one year ago. Since mid-2022 when mortgage lending rates started increasing, both construction activity and lumber sales dropped somewhat....