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US New Home Sales, House Prices May and Softwood Lumber Prices June: 2021
Benchmark Softwood Lumber Prices June & US NEW Home Sales May 2021 U.S. Census Bureau and the Department of Housing and Urban Development data released this week of new house prices shows new homes for sale are experiencing the same supply squeeze as lumber has been. The median sales price of a new home in…
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Leading Information Providers To Offer Comprehensive Sawmill Directory
Madison’s Lumber Reporter and Blue Book Services have entered an agreement to combine Madison’s Online Lumber Directory data with the Lumber Blue Book online listings, forming the sawmill industry’s most comprehensive information database of lumber companies in the USA and Canada. The combined dataset will contain over 23,000 headquarter listings and over 8,000 branch listings,…
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Lumber Prices Drop as Supply Improves
The latest data from the Western Wood Products Association shows that Canadian and US softwood lumber production and sawmill capacity utilization rates improved in March. Finally! Lumber prices have been so strong in the past year in part because the huge — and sudden — increase in demand was met by supply levels struggling to…
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US Housing Starts and Lumber Prices: June 2021 (video)
For May 2021, total residential starts in the US increased by more than +50% to a 1.57 million annualized rate, from 1.05 million in the same month one year ago. Similarly showing great improvement, permits for future homebuilding in May, were up by +35%, to a rate of 1.68 million units, compared to May 2020…
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Softwood Lumber Market and Prices Update: June 2021 (video)
June 16, 2021 — Following the Victoria Day long weekend in Canada (May 24) and the Memorial Day long weekend in the US (May 31), a standoff developed between lumber suppliers and customers, thus prices were flat on almost all items. It was a “wait and see” situation; as buyers wondered if prices would go…
