US Housing Market Full-Year 2022 & Softwood Lumber Prices January 2023

by | Feb 2, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, Weekly Softwood Lumber Blog, WEF.TO, WFT.TO

Full-year 2022 US housing starts and new home sales data has been released and while the dampening effects of rising mortgage rates remain, the numbers for December show a slight uptick. In 2022 the US began building 1.55 million homes, just a -3% drop from full-year...

Some Lumber Specialty Item Prices Increase

by | Feb 2, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, Weekly Softwood Lumber Blog, WEF.TO, WFT.TO

As January 2023 got going, while hardly a big rush, there was an increase in sales — and therefore prices — of several specialty lumber items. Even benchmark WSPF 2x4s popped up a little bit, although more due to significant supply being taken offline than growing...

Sales of Lumber Continue Slow in New Year

by | Feb 2, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, Weekly Softwood Lumber Blog, WEF.TO, WFT.TO

As a fresh, brand new year of 2023 got started, lumber sales continued with the slow momentum which ended last year. This is normal for the season, particularly given some very harsh winter weather across the continent. Winter is not usually a good time for home...

Lumber Demand Drops as Year-End Looms

by | Dec 22, 2022 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, Weekly Softwood Lumber Blog, WEF.TO, WFT.TO

A combination of the normal seasonal slowdown in demand, due to construction activity reducing during winter, and plenty of supply throughout the marketplace brought steady-to-lower lumber prices. As the holiday season quickly approached, producers across the...