Tag: construction

Compared to March 2020 total residential starts in the US last month shot up by +37% to a 1.74 million annualized rate, from 1.27 in the same month one year ago. Permits for future homebuilding increased spectacularly compared to one year ago, up by +30% to a rate of 1.77 million units last month compared…

US Housing Total and 1-Unit Starts March & Benchmark Softwood Lumber Prices April 2021 This year started off with a very harsh winter, which kept construction and building activity down in January and February. March housing starts across North America show a significant rebound; something Madison’s expected, due to a big jump in permits in…

Total US carload traffic for the first 3 months of 2021 was 2,911,097 carloads, down -2.6%, or 77,267 carloads, from the same period last year; and 3,619,546 intermodal units, up +13.2%, or 421,513 containers and trailers, from last year. The Association of American Railroads (AAR) reported April 7 US and Canadian rail traffic volumes for…

Home prices across the US surged more than +10% in December, indicating a strong demand in the housing market. According to the S&P CoreLogic Case-Shiller Indices, home prices continued the trend of accelerating that began in Summer 2020 as the coronavirus pandemic drove people from urban apartments to buy suburban homes.

People are asking about lumber prices adjusted for inflation, I did a graph for panel (plywood and OSB), read more here: In terms of lumber price value against economic indicators: “Price of Lumber in BTC, WTI Crude OIL Barrels (gas bills), Gold and Silver ounces and construction coconspirator – Dr Copper. Looks like BTC absorbed…