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OVERVIEW OF CURRENT NORTH AMERICAN LUMBER MARKET: 1Q 2019
Please find below the results of Madison’s Lumber Reporter‘s investigation into questions regarding a possible difference between North American softwood lumber prices into USA and those domestically within Canada, in view of the latest US softwood lumber duty. OVERVIEW OF CURRENT NORTH AMERICAN LUMBER MARKET: 1Q 2019 The question at hand: · is there apparently…
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Softwood Lumber Prices Plateau as Strong Ordering Continues: Feb 2019
Seemingly non-stop ordering boosted Canadian and US construction framing softwood lumber prices last week as manufacturers kept production levels high to stay on pace with demand. Order files at sawmills grew to three weeks or more, thus the most popular items were “off-the-market” because producers refused to quote prices more than three weeks out. Of…
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US Home Sales, Housing Prices: 4Q 2018
House-for-sale inventory in the US increased in 4Q 2018, and metro market prices rose at a slower pace, according to the latest quarterly report by the National Association of Realtors® (NAR), released Tuesday. The national median existing single-family home price in the quarter was US$257,600, up +4% from 4Q 2017 when it was US$247,800. Single-family…
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Softwood Lumber Prices Continue Rising As Transportation Problems Hamper Sawmill Deliveries: Feb 2019
The spectacular rebound of North American construction framing dimension softwood lumber prices in the first week of February continued last week as prices rose yet further in response to transportation problems, mostly on the Canadian railways. Severe weather hit many parts of Canada and the US, causing delays of shipments from softwood lumber suppliers. Customers,…
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US Housing Starts Will Decide How Long Lumber Rally Lasts – Barron’s
Lumber prices have made quite a comeback this year, climbing by +25% in January and nearly erasing the decline suffered in 2018, as the market gets a boost in demand ahead of the spring building season, said Barron’s Friday. Looking ahead, however, analysts urge caution. The lumber market looks overbought and shares some similarities with…
