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Madison’s Lumber Prices Index: June 30, 2023

The Madison’s Lumber Prices Index for the week ending June 30, 2023 is: US$472 mfbm The Madison’s Lumber Prices Index for the week ending June 30, 2023 is: US$472 mfbmThis is up by +6.8%, or +$30, from the previous week when it was US$442. For information regarding...

US Housing Market May & Softwood 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. Providing indication that the backlog of homes under construction is easing, housing completions improved...

Increased Demand Rises Some Lumber Prices Slightly

It was at this time two years ago that the benchmark lumber price, of Western SPF 2x4s, reached the astronomical high of US$1,600 mfbm. This radical increase eclipsed any price level previously seen by 3X. Mayhem ensued throughout the lumber market, for suppliers and...

Madison’s Lumber Prices Index: June 23, 2023

The Madison’s Lumber Prices Index for the week ending june 23, 2023 is: US$442 mfbm The Madison’s Lumber Prices Index for the week ending June 23, 2023 is: US$442 mfbmThis is up by +5.2%, or +$22, from the previous week when it was US$420. For information regarding...

Some Lumber Prices Pop Slightly as Supplies Tighten

The beginning of June came and went with still not much increase in construction activity. While lumber sales volumes did improve somewhat, demand continued soft for the time of year. On the supply side, there was concern about the ongoing very severe wildfires in...