Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 05, 2024, the price of WSPF 2×4 #2&Btr KD (RL) was US$452 mfbm, which from the previous week.That week’s price is flat from one month ago when it was $452.When compared to the same week last…

Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. After the previous two years of economic upheaval and unprecedented price highs, forest industry players and home builders alike have been looking for indication of what is the new market “normal”. Currently…

Even as February US and Canadian housing starts data showed big increases over January and positive growth over February 2022, lumber buyers across North America remained cautious toward the end of March. Customers continued their habit of making only highly-specified orders of wood they needed for existing projects; still at this time there was no…

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. U.S. housing starts jumped in February by more than expected. Housing starts, a measure of U.S. home building, rose +10.7% to a seasonally adjusted rate of 1.52 million.Starts were +5.9% higher than the same month last year. Residential permits, which can…

As winter weather is ending across most of the continent and building projects start to come back to life, many customers of construction framing dimension lumber products remain circumspect. After the great shocks of extreme price volatility from 2020 to 2022, buyers of wood remain quite cautious. Because the previously “normal” historical price trends, which…

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Get informed about the North America coastal lumber market; Douglas fir and Hemlock, latest price information and market commentary.Learn what to expect with price movement of coastal lumber species as the spring 2024 home building and construction season starts to come…

Prices of some construction framing dimension softwood lumber items pushed up, even as benchmark commodity prices stayed flat. While customers continued to be very cautious, preferring to only order wood for building projects ongoing, suppliers warned of potential looming shortages. For their part, buyers were concerned that prices might fall — despite being quite flat…

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Plywood and Oriented Strand Board prices don’t necessarily move in the same trend as dimension lumber. That’s because these panel products are used for other things besides home building; like concrete forming, infrastructure building, re-roofing and repairs after storms. Find out…

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 8, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$452 mfbm, which is flat from the previous week. This is up by +$8, or +2%, from one month ago…

Even as true spring weather has not yet begun this year, lumber sales improved to the point that prices surpassed the levels of one year ago. Since mid-2022 when mortgage lending rates started increasing, both construction activity and lumber sales dropped somewhat. The trend line for lumber prices during last year was quite stable, as…