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Current Lumber Prices against US Housing Starts: April 2021 (video)
April 2021 US Total Housing Starts and Single-Family Starts up +67% compared to April 2020US Total Permits and Single-Family Permits up approx +60% compared to April 2020 Benchmark Construction Framing Dimension Softwood Lumber Commodity Western S-P-F KD 2×4 #2&Btr up + 356% compared to May 2020 Next week US home sales and house prices will…
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Industry Baffled as Lumber Prices Soar Higher
May 7, 2021 — Softwood lumber and panel (plywood and OSB) prices rose by even more the week of May 7 than they did the week before, indicating that demand for construction framing wood products is not slowing down. It’s true though, that prices can not just keep going up forever. There is a ceiling,…
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US Housing Starts April & Softwood Lumber Prices May: 2021
With the harsh winter season behind us, in April 2021 construction activity rebounded spectacularly compared to one year ago when the restrictions of Covid were in place and industry was halted for approximately six weeks. US Housing Total and 1-Unit Starts April & Benchmark Softwood Lumber Prices May 2021 The headlines today read that US…
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Lumber Prices are High, but IS it “Gouging” Though? (Video)
Much has been made of the recent sharp increase in the price of lumber, with a whole crop of suddenly new commenters saying this is “price gouging”. Where were these people for the past ten years when lumber was undervalued? FULL STORY + GRAPHS: https://madisonsreport.com/2021/05/14/lumber-prices-are-high-but-is-it-gouging-though/ BIG THANKS TO https://www.soleraadvisors.com/ for the chats, insight, and graphs…
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Lumber Prices are High, but IS it “Gouging” Though?
An examination of current lumber prices if paid in the current price of other commodities, IE: WTI Brent, Copper, and even Bitcoin. Comparison of current WTI Brent price if paid in Bitcoin. Much has been made of the recent sharp increase in the price of lumber, with a whole crop of suddenly new commenters saying…
