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US Housing Starts Up, Permits Down: August 2018
U.S. housing starts rose 9.2% in August, driven by an outsize leap in apartment building that masked weakening across single- and multifamily construction. Single-family housing starts in August rose 1.9% to a seasonally adjusted annual rate of 876,000 units, and multifamily starts soared 27.3% to an adjusted annual rate of 392,000 units, according to the…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs: Sept 25, 2018
There was quite a price correction for almost all North American softwood lumber and panel commodities last week, as the producer advantage through most of this year evaporated and a more normal seasonal supply-demand balance was restored. While customers were still interested in buying wood, generally their inventory needs for remaining 2018 construction projects have…
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Madison’s Lumber Prices via SilvaStat360: Individual Screen Demo
Madison’s Lumber Prices via SilvaStat360: Individual Screen Demo DIRECTLY access the Madison’s dashboard https://silvastat360.forest2market.com/madisons/ Log in: • Click “Forgot your password?”. A temporary password will be sent to your email address. You can return to the sign in screen as soon as you are prompted to do so. • Sign in by using that same email address as your user name…
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Madison’s Lumber Reporter: Continued 100% Sole Ownership in Canada
This is just a reminder, as we have been hearing rumours and people are asking questions, that Madison’s is still 100% independently-owned and operated. And is still 100% Canadian. Since 1952, Madison’s Lumber Reporter has been owned — in sequence — by three different people, each as Sole Proprietor: Peter Madison, Owner 1952 – 1973…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs
As the North American softwood lumber market settled into “normal” — whatever the new normal is, we are still discovering that — prices on various construction framing commodities adjusted according to new production practices at sawmills and new buying habits of customers. One plain example of this is big drops in #3/Utility and #4/Economy prices…