Soft Demand Drops Lumber Prices Slightly

Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. After the previous two years of economic upheaval and unprecedented price highs, forest industry players and home...

Madison’s Lumber Prices Index April 5, 2024: US$486 mfbm

The Madison’s Lumber Prices Index for the week ending april 5, 2024 is: US$486 mfbm The Madison’s Lumber Prices Index for the week ending April 5, 2024 is: US$486 mfbmThis is down by -1%, or -$5, from the previous week when it was US$491. For information regarding the...

Lumber Prices Unchanged as US Housing Starts Pop

Even as February US and Canadian housing starts data showed big increases over January and positive growth over February 2022, lumber buyers across North America remained cautious toward the end of March. Customers continued their habit of making only highly-specified...

Madison’s Lumber Prices Index March 29, 2024: US$491 mfbm

The Madison’s Lumber Prices Index for the week ending march 29, 2024 is: US$491 mfbm The Madison’s Lumber Prices Index for the week ending March 22, 2024 is: US$491 mfbmThis is down by -0%, or -$2, from the previous week when it was US$493. For information regarding...

US Housing Starts Feb and Lumber Prices March: 2024 [video]

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. U.S. housing starts jumped in February by more than expected. Housing starts, a measure of U.S. home building, rose +10.7% to a seasonally adjusted rate of 1.52...

Circumspect Customers Keep Lumber Prices Flat

As winter weather is ending across most of the continent and building projects start to come back to life, many customers of construction framing dimension lumber products remain circumspect. After the great shocks of extreme price volatility from 2020 to 2022, buyers...