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Lumber Supply-Demand Balance Potentially Achieved
Read more: Lumber Supply-Demand Balance Potentially AchievedAfter a somewhat rush of demand in recent weeks, sales of most North America construction framing dimension softwood lumber items slowed slightly into mid-November. Due to ongoing restricted supply, prices continued their upward trend of the past month or so. Producers looked toward the usual seasonal Holiday downtime as they made their manufacturing plans to…
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Madison’s Lumber Prices Index Nov 22, 2024: US$505 mfbm
Read more: Madison’s Lumber Prices Index Nov 22, 2024: US$505 mfbmThe Madison’s Lumber Prices Index for the week ending november 22, 2024 is: US$505 mfbM The Madison’s Lumber Prices Index for the week ending November 22, 2024 is: US$505 mfbmThis is up +2%, or +$10, from the previous week when it was US$495.This is up +9%, or +$41, from one month ago when it was…
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US Housing Market and Lumber Prices Update: November 2024
Read more: US Housing Market and Lumber Prices Update: November 2024Single-family starts in the US dropped in October likely as Hurricanes Helene and Milton depressed activity in the South. Meanwhile, permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates. The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%,…
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Lumber Prices Continue Rising on Tight Supply
Read more: Lumber Prices Continue Rising on Tight SupplyIn advance of the Remembrance Day holiday in Canada, this year a Monday so an actual long weekend, it seemed a form of supply-demand balance was reached for lumber. While benchmark Western S-P-F 2×4 prices continued to climb, Southern Yellow Pine 2x4s actually dropped. It is important to note that the run-up for SYP sales,…
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Coming Soon: Deluxe & Premium Subscription Tiers . . .
Read more: Coming Soon: Deluxe & Premium Subscription Tiers . . .Madison’s is thrilled to announce that Deluxe and Premium subscriptions are on the way! Get exclusive benefits View Details: https://youtu.be/EbWTGnz_YBY Special Offer: Don’t miss this chance to protect your budget in 2025! Secure 15% savings on your Basic plan today before January rates increase: Buy Now and Don’t miss out! Offer ends soon. Cut through the noise and…
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Madison’s Lumber Prices Index Nov 15, 2024: US$495 mfbm
Read more: Madison’s Lumber Prices Index Nov 15, 2024: US$495 mfbmThe Madison’s Lumber Prices Index for the week ending november 15, 2024 is: US$495 mfbM The Madison’s Lumber Prices Index for the week ending November 15, 2024 is: US$495 mfbmThis is up +3%, or +$14, from the previous week when it was US$481.This is up +11%, or +$50, from one month ago when it was…
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Lumber Market Update: Mid-Nov 2024 (video)
Read more: Lumber Market Update: Mid-Nov 2024 (video)REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ The Madison’s Lumber Prices Index for the week ending November 8, 2024 is: US$481 mfbmThis is up +4%, or +$17, from the previous week when it was US$464.This is up +10%, or +$44, from one month ago when it was US$437. In the week ending November 8, 2024, the price of…
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Many Lumber Prices Rise Sharply at Unusual Time of Year
Read more: Many Lumber Prices Rise Sharply at Unusual Time of YearAs November dawned, the extended habit of not stocking inventory and just-in-time buying once again caught customers short of necessary wood. The resultant strength of demand — while not massive volumes — was enough to push prices up further. Sawmills, emboldened by order files which grew from two weeks to almost five weeks, were able…
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Madison’s Lumber Prices Index Nov 8, 2024: US$481 mfbm
Read more: Madison’s Lumber Prices Index Nov 8, 2024: US$481 mfbmThe Madison’s Lumber Prices Index for the week ending november 8, 2024 is: US$481 mfbM The Madison’s Lumber Prices Index for the week ending November 8, 2024 is: US$481 mfbmThis is up +4%, or +$17, from the previous week when it was US$464.This is up +10%, or +$44, from one month ago when it was…
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Increased Demand Pops Up Lumber Prices
Read more: Increased Demand Pops Up Lumber PricesOngoing restricted supply coupled with an increase in demand popped up lumber prices during a time of year when business is usually slowing down. Industry players welcomed the more regular price movement along the usual seasonal trends, following the extreme volatility of 2020 to 2022. In this new landscape of a post-Covid world, buyers and…
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