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Madison’s Lumber Prices Index October 27, 2023: US$402 mfbm

The Madison’s Lumber Prices Index for the week ending October 27, 2023 is: US$402 mfbm The Madison’s Lumber Prices Index for the week ending October 27, 2023 is: US$402 mfbm This is flat from the previous week when it was US$402. For information regarding the...

US Housing Market September & Softwood Lumber Prices October: 2023

US homebuilding bounced back in September 2023, after dropping in August to the lowest levels since 2020 as mortgage rates climbed. Despite elevated mortgage rates averaging above 7%, single-family starts posted a gain in September, according to the National...

Madison’s Lumber Prices Index October 20, 2023: US$402 mfbm

The Madison’s Lumber Prices Index for the week ending october 20, 2023 is: US$402 mfbm The Madison’s Lumber Prices Index for the week ending October 20, 2023 is: US$402 mfbm This is down by -2%, or -$9, from the previous week when it was US$411. For information...

Lumber Prices Trendline Normalizes

After three years of extreme volatility and many unknowns, North American construction framing dimension softwood lumber price trendlines started to normalize during 2023. This means that next year it will be less difficult to judge what is going with sales and...

Regional Demand Keeps Lumber Sales Up

Ongoing demand in various parts of the continent kept lumber sales volumes consistent, even while overall construction activity started to slow down. As winter will come on and home building will slow at the end of the year, there will be good insight to be gleaned...

US Housing Market August & Softwood Lumber Prices September: 2023

After spiking to unsustainable highs during the disruptions to society in the past couple of years, US housing starts trended further downward in August 2023. Permits for authorizations of new home building increased, however. Demand for new construction has been...