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US House Prices vs. Softwood Lumber Prices: Oct 2019
Average US House Sales Price vs Benchmark North American Construction Framing Dimension Softwood Lumber Prices: 3Q 2019 US house prices rose in August, up +0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose +4.6 percent from August 2018 to August 2019. The previously reported +0.4…
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Madison’s Western SPF Lumber Prices Oct 24: sneak preview
After rising +$2 last week, the price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr climbed further this week, Oct 24, 2019, up +$8 to US$378 mfbm; Utility/#3 grade 2×4 gained +$8 to US$250 mfbm.
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Madison’s WSPF Lumber Prices Oct 17: sneak preview
The full North America softwood lumber price list will be updated as usual first thing Friday morning Eastern time, however here is a sneak peak at benchmark WSPF prices: After dropping -$8 last week, The price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr rose +$2 this week to US$370 mfbm; Utility/#3 regains…
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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: July 2019
The latest issue of the Western Wood Products Association’s monthly Lumber Track, for January-July 2019, shows a -0.1% decrease in US softwood lumber production volume from the same time last year, to 20,687 mmfbm. January – July softwood lumber production in Canada increased drops through most of this year, down by another -10%, to 14,720…
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US Construction Job Openings: Aug 2019
The US construction sector hiring rate, as measured on a twelve-month moving average basis, held steady at 5.3% in August 2019. The twelve-month moving average for layoffs ticked up to 2.5%, continuing a rising trend in recent months. Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings increased in August.…
