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

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

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

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

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...

True Winter Weather Brings Lower Lumber Prices

As December dawned winter weather came on across North America, causing the usual drop in construction activity thus lumber sales. Price levels dropped accordingly, but only for benchmark items. Sellers were able to keep prices level on many dimension lumber and panel...

Madison’s Sawmill Curtailment Lookout: Nov 2022

Have you signed up for a subscription to the FABULOUS *new* Madison’s Sawmill Curtailment Lookout? The December issue will be going out soon …. Don’t miss out! Your colleagues already have access to this vital and important timely information. With Madison’s Sawmill...