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US Home Building, Canada Lumber Production: 3Q 2019
The Case-Shiller US National Home Price Index, reported September 24 by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of +3.2% in July 2019, following an increase of +3.4% in June. On a year-over-year basis, the Case-Shiller U.S. National Home Price NSA Index rose by +3.3% in July.See Full Details Here:…
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Benchmark Softwood Lumber Price Loses Ground, Specialty Item Prices Tank
The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr dropped another -$8 last week as customer reluctance to buy won over supplier stubbornness to keep prices higher. For their part, many specialty items like Douglas fir green, studs in Eastern Canada, and plywood, dropped significantly as players were better…
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Madison’s Western SPF Prices This Week: Sneak Preview
Benchmark North America construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&btr prices are mostly level into mid-October 2019. Full price list will be released tomorrow, Friday morning, by 8:30am Eastern time! Don’t miss out . . . sign up now to receive this vital and timely information directly to your desktop every…
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Benchmark Western Spruce-Pine-Fir 2×4 Price Matches One-Year-Ago
Most North American construction framing dimension softwood lumber commodities last week achieved price levels seen at this time in 2017, while benchmark item Western Spruce-Pine-Fir KD 2×4 #2&btr price now matches this week last year. After soaring to record-level highs during the 2018 US home building season, softwood lumber prices slid inexorably downward well into…
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Softwood Lumber Prices Moderate Nicely, Truck Loggers Descend on Vancouver, BC
Drama unfolded large in downtown Vancouver, BC, last week, where was being held the Union of British Columbia Municipalities annual meeting. Mayors and political leaders from across the province were greeted by a convoy of 230 unloaded logging trucks arriving Friday morning to large crowds of surprised, and cheering, onlookers. The issue of reduced timber…
