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US House Prices, Construction Jobs: Sept 2018
CoreLogic® Thursday released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2018, which shows US home prices rose both year over year and month over month. Home prices increased nationally by 5.6 percent year over year from September 2017. On a month-over-month basis, prices increased by 0.4 per cent in September 2018.…
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Canada Lumber Production Down, Sawmill Sales Up: August 2018
The latest data, released by Statistics Canada Thursday, shows lumber production in Canada fell -1.5 per cent in January to August 2018 compared to one year earlier, with sawmills producing 50,389 thousand cubic metres of lumber, compared to 51,125 thousand cubic metres for the first eight months of 2017. In separate data released by Statistics Canada also…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs: Nov 14, 2018
A topsy-turvey North American softwood lumber market righted itself somewhat last week even as large numbers of lumber traders descended on Chicago, IL, for the annual North American Wholesale Lumbermen’s Association (NAWLA) convention. Scuttlebutt from that important event is that the Canadians were most interested in exports to Asia, especially China. Prices on most construction…
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Madison’s Monthly Softwood Lumber Price Bar Charts: Nov 13, 2018
North America softwood lumber and panel current and recent historical prices trend: 2-month bar charts:
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Canada Wood Sales to China Set to Surge Upwards Again
The latest quarterly report Madison’s has been producing this year for the federal government of Canada has found some interesting new developments in the market dynamics of producing and selling softwood lumber products. It is encouraging that Madison’s findings are this very week corroborated by analysts at Export Development Canada: Export economist predicts China to…
