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Benchmark Softwood Lumber Prices Correct Downward Significantly
The view going forward is that ongoing demand for real building projects will keep lumber prices high. Whether they will surpass the record-levels of last year remains to be seen. Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages After popping up by a sizeable degree in the first full work week of 2021,…
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US Housing Starts: December and Full-Year 2020
US Total and 1-Unit Housing Starts Dec 2020 & Benchmark Softwood Lumber Prices Jan 2021 Single-family housing permits rose +7.8% to a 1.23 million pace, the fastest since 2006 Construction climbed in three of four regions, led by a +32% surge in the Midwest, with starts in the Northeast seeing the lone decline The total…
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Most Softwood Lumber Prices Stay Flat as the Supply-Demand Balance is Reached
As mid-January 2021 came upon us, it seemed like supply and demand for softwood lumber and panel products reached an equilibrium. Almost all prices were flat, except the 2×8 sizes which dropped somewhat. Players agreed that this current lull could indicate a new level of asking prices at lumber producers and wholesalers. Field inventories with…
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North American Softwood Lumber Annual Price Cycle Explained
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Madison’s Lumber Reporter: Softwood Lumber Price Data Explanation
