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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,...

Softwood Lumber Market Update: June 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for end of June 2023: In the week ending June 23, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$406 mfbm. This is up...