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Madison’s Lumber Prices Index January 19, 2024: US$474 mfbm
The Madison’s Lumber Prices Index for the week ending january 19, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending January 19, 2024 is: US$474 mfbmThis is -0.4%, or -$2, from the previous week when it was US$476. For information regarding the construction of this Index (species mix, weighed averages) please…
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Madison’s Lumber Prices Index January 12, 2024: US$476 mfbm
The Madison’s Lumber Prices Index for the week ending january 12, 2024 is: US$476 mfbm The Madison’s Lumber Prices Index for the week ending January 12, 2024 is: US$476 mfbmThis is flat from the previous week when it was US$476. For information regarding the construction of this Index (species mix, weighed averages) please go here:…
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Madison’s Lumber Prices Index January 5, 2024: US$476 mfbm
The Madison’s Lumber Prices Index for the week ending january 5, 2024 is: US$476 mfbm The Madison’s Lumber Prices Index for the week ending January 5, 2024 is: US$476 mfbmThis is up by +7%, or +$30, from the previous week when it was US$446. For information regarding the construction of this Index (species mix, weighed…
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US Housing Starts November & Softwood Lumber Prices December: 2023
Housing starts exploded higher in November 2023, surging by nearly +15% to a 1.56 million unit annualized pace, the best reading since May and second-best in a year and a half. The new housing market remains underpinned by an acute shortage of previously owned homes available for sale. Chief economist at Comerica Bank in Dallas,…
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Year-End 2023 Lumber Prices Match 2022 Levels
In the final weeks of this year, the full trendline for 2023 shows some real stability for North America construction framing softwood lumber prices. Especially in comparison to the previous couple of years. Indeed, the weekly price of both benchmark Western S-P-F and Southern Yellow Pine East Side 2x4s landed almost exactly where they were…
