Tag: lumber trade

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 construction of this Index (species mix, weighed…

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 orders of wood they needed for existing projects; still at this time there was no…

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 29, 2024 is: US$491 mfbmThis is down by -0%, or -$2, from the previous week when it was US$493. For information regarding the construction of this Index (species mix, weighed…

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 million.Starts were +5.9% higher than the same month last year. Residential permits, which can…

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 of wood remain quite cautious. Because the previously “normal” historical price trends, which…