Browsed by
Tag: NYSE: WY

US Existing Home Sales: August 2019

US Existing Home Sales: August 2019

Boosted by low mortgage rates, US existing home sales, released by the National Association of Realtors (NAR), rose to 17-month high in August. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, climbed +1.3% to a seasonally adjusted annual rate of 5.49 million in August, the largest gain since March 2018. On a year-over-year basis, sales were +2.6% up than a year ago. US existing homes-for-sale stayed on the market for an average of 31 days in August, up…

Read More Read More

USA Douglas-Fir Plywood & OSB Prices: New Data Set

USA Douglas-Fir Plywood & OSB Prices: New Data Set

As always Madison’s Lumber Reporter is working hard to bring the best and latest information to the North American softwood lumber manufacturing industry …. today we are happy to reveal that: (prices US$ per msf. stocking wholesaler market in US Northeast / New Jersey) Madison’s Lumber Reporter has secured enough sources to be able to start carrying US construction panel (Oriented Strand Board and Douglas-Fir Plywood in various sizes) prices. For now we are still testing this latest new softwood…

Read More Read More

Western Spruce-Pine-Fir KD 2×4 #2&btr wholesaler softwood lumber price: Up another +$6 to US$382 mfbm

Western Spruce-Pine-Fir KD 2×4 #2&btr wholesaler softwood lumber price: Up another +$6 to US$382 mfbm

Western Spruce-Pine-Fir KD 2×4 #2&btr wholesaler price this week: US$376 mfbm (net FOB #sawmill) Wholesaler price of benchmark North American #construction framing #softwood dimension #lumber item Western Spruce-Pine-Fir KD 2×4 #2&btr climbs another +1.6%, or +$6, this week: to US$382 mfbm (net FOB #sawmill), from $376 last week. #building #housing #wood https://madisonsreport.com/lumber-prices/

WTO Opens Registration to Public for Canada-US Softwood Lumber Hearing

WTO Opens Registration to Public for Canada-US Softwood Lumber Hearing

The WTO panel deciding “US — Countervailing Measures on Softwood Lumber from Canada” (DS533) has decided to open its second substantive meeting to public observation on 16, 17 and 18 October 2019. This live screening will take place at the WTO’s headquarters in Geneva. On 16 and 17 October 2019, the meeting with the parties is scheduled to start at 10.00 a.m., and it may continue, if necessary, at 10.00 a.m. on 18 October 2019. The meeting may be closed at…

Read More Read More

US Housing Starts Boom: August 2019

US Housing Starts Boom: August 2019

Single family starts were up +3.4% year-over-year, and multi-family starts were up +13.7% YoY.   Much of the strength for August starts data was in the volatile multi-family sector, still – overall – this was a strong report. In what more than a few analysts are calling “the peak before the crash”, total housing starts in the US posted a +12% increase in August (1.364 million units) compared to an upwardly revised July estimate of 1.215 million units, according to…

Read More Read More

Lumber Prices Recover Slightly as Autumn Arrives

Lumber Prices Recover Slightly as Autumn Arrives

Sawmillers and loggers alike breathed a sigh of relief last week as North American construction framing dimension softwood lumber prices stopped falling, with several key items recovering from recent lows. Production curtailments over the 2019 building season did well to keep lumber supply tight enough for sawmills last week to push their order files into October; four weeks is a nice healthy time frame for the beginning of autumn. Lumber sellers reported customers reluctant to buy anything beyond immediate needs,…

Read More Read More

US Single-Family Building Permits: July 2019

US Single-Family Building Permits: July 2019

Over the first seven months of 2019, the total number of single-family permits issued in the US year-to-date nationwide reached 496,726. On a year-over-year basis, this is a -4.7% decline over the July 2018 level of 521,438. Year-to-date to July 2019, single-family permits reported declines in all four regions, said the US National Association of Home Builders Eye on Housing Monday. The Midwest, Northeast, South, and the West declined by 8.7%, 1.6%, 2.8%, and 7.7% respectively, compared to the same time…

Read More Read More

Economist Analysis of Current Lumber Market

Economist Analysis of Current Lumber Market

Below are some cogent thoughts on the current lumber market today, from an economist at Seeking Alpha:https://seekingalpha.com/article/4291207-lumber-sits-waits-wood-follows-price-futures “Lumber is just below its midpoint for 2019“, Seeking Alpha. So far in 2019, the price of nearby lumber futures has traded on the Chicago Mercantile Exchange in a range from US$286.10 to US$453.90 per 1,000 board feet. At US$374.50 on September 12 on the nearby November contract, the price of the wood futures was a bit above the midpoint for this year…

Read More Read More

US Building Materials Prices: August 2019

US Building Materials Prices: August 2019

Prices paid for goods used in residential construction in the US decreased by 0.8% in August (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics, said the National Association of Home Builders Eye on Housing Tuesday. Building materials prices in the US have declined an average of 0.1% per month over the last 12 months, compared to an average monthly increase of 0.8% during the same period 2017-2018. The price of goods used…

Read More Read More

US Construction Jobs Openings: July 2019

US Construction Jobs Openings: July 2019

Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that US construction job openings increased in July, after a declines off a cycle high count for April, said the National Association of Home Builders Eye on Housing Tuesday. The estimated number of US job openings in the construction sector increased to 373,000 in July after reaching a post-Great Recession high of 434,000 in April. The July 2019 count of unfilled jobs represents a year-over-year gain relative to the 314,000…

Read More Read More