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Canada and US Railcar Loadings: May 22, 2021
For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes — that impacted many economic sectors last year at this time. The Association of American Railroads (AAR) reported May 26 US and…
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US New Home Sales, Prices April and Lumber Prices May: 2021 (video)
Sales of new single-family houses in the US for April 2021 were at a seasonally adjusted annual rate of 863,000. This is down -6% from the revised March 2021 rate of 917,000 and again up an amazing +48% compared to the April 2020 rate, which was at a revised rate of 582,000. SUBSCRIBE to the…
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Softwood Lumber Market and Prices Update: May 2021 (video)
Demand and prices were largely flat this week as players tried to figure out whether this latest lull was another mirage or not. WSPF producers in the US maintained order files at their sawmills into mid-June as multiple factors resulted in slower business and an evening out of prices. Large retailers reported marginally lower sales…
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US New Home Sales, House Prices March and Softwood Lumber Prices April: 2021
New-home purchases account for about 10% of the US housing market and are calculated when contracts are signed. They are considered a timely barometer of the current real estate market. US NEW Home Sales April and Benchmark Softwood Lumber Prices May: 2021 Sales of new single-family houses in the US for April 2021 were at…
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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…
