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Lumber Industry Hoping for Improved Sales in September
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US Housing Starts: July 2019
According to estimates from the US Housing and Urban Development and the US Commerce Department, total housing starts in the US were down -4% in July, but that decline was concentrated in the multifamily sector as forward-looking rental demand softened on gains for for-sale housing affordability.Multifamily starts (2+ unit production) were off -16% in July,…
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Gone Fishin
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Madison’s “Movers & Shakers” Softwood Lumber Prices Historical Comparison
Madison’s weekly “Movers & Shakers” softwood lumber prices historical comparison table uploaded for this week: Lackadaisical activity persisted as the Eastern Canadian construction holiday began. — Madison’s Lumber Reporter Western SPF: USA Uninspiring According to Western Spruce-Pine-Fir purveyors in the United States, last week was another example of the sloppy market that has developed over…
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*Sneak Peak* Preview: BC Coast Log Prices
Total corroboration from Japan of the BC coast log prices Madison’s has been printing. Some insights into the North American log sales market are provided in the latest issue of Japan Lumber Reports: “Export prices of Douglas fir logs for July shipment are $20 down on 12” and up logs, while 8-11” log prices remain…
