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US Housing Market March & Softwood Lumber Prices April: 2023

As macroeconomic conditions stabilize, particularly mortgage lending rates, the latest US housing starts and new home sales data, for March 2023, demonstrates a reversal of the dropping demand last year. Spring is a historically popular time for new home building and...

Abundant Supply Keeps Lumber Prices Moderated

Following the Easter long weekend, demand for lumber increased somewhat however supply remained abundant. Sales to retailers increased noticeably, as weather across the continent became more seasonably mild. A reminder to all that Madison’s Lumber Reporter has been...

Global weak lumber markets led to reduced sawlog prices

Increased interest rates, higher inflation, and market uncertainty regarding a possible recession…