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Lumber Supply-Demand Balance Potentially Achieved
After 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
The 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
Single-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
In 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 . . .
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…
