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Lumber Production, Sawmill Capacity: Jan 2022
To subscribe to the Madison’s Lumber Reporter weekly full softwood lumber and panel prices data update please fill out a form here: https://madisonsreport.com/subscribe/ North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association show: January 2022 softwood lumber production in the US fell by -4.2% compared to the…
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US Housing Market March & Softwood Lumber Prices April: 2022
The U.S. Census Bureau and the US Department of Housing and Urban Development released April 26 new home sales and house price data. New home sales comprise 10% of real estate activity and are considered a leading housing market indicator as they are recorded when contracts are signed. After climbing to November, sales of new…
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Lumber Prices and Market Update: Apr 2022
Check back with the Madison’s Lumber Reporter website often for the latest updates for the latest developments and updates with the North American construction framing dimension softwood lumber market. For the moment it seems the North American construction framing dimension softwood lumber market has found a supply-demand balance, as the benchmark price drops slightly but…
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Softwood Lumber Prices Stabilize Compared to the Previous Week
It was this week last year that construction framing dimension softwood lumber prices began their climb to the previously never seen, unbelievable historical highs. These remained for barely a few weeks before dropping, over a 6-month period, back way down to 2019 levels. This year that seeming peak might have been passed, and the drop…
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US Housing Starts March, Lumber Prices: Apr 2022
Total housing starts in the US for March 2022 increased by +0.3% from February, to a seasonally adjusted annual rate of 1.793 million units. This is an almost +4% improvement from the same month one year ago, when it was 1.725 million. Meanwhile, March permits for future homebuilding were also almost flat, up +0.4% from…
