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US Housing Market Sept & Softwood Lumber Prices Oct: 2022
After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that new building activity…
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The Autumn Slowdown Brings Dropping Lumber Prices
The normal seasonal slowdown for construction and building activity in autumn brings a drop in lumber prices. However it is unknown how much impact rebuilding after the recent very severe storms along the east coast of North America, both on the Canadian Atlantic provinces and for the US south, will have on looming lumber demand…
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Lumber Prices and Market Update: Sept 2022 (video)
Check back with the Madison’s website often for the latest updates for the latest developments and updates. In the week ending Sept 30, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$505 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by-$15, or -3%, from the previous week…
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US Housing Market August & Softwood Lumber Prices Sept: 2022
US housing starts and US new home sales for August 2022 sharply reversed the downward trend seen in the past few months since mortgage and interest rate increases hit the housing market. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that month-over-month…
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Madison’s BC Coast Log prices report: Aug 2022
North America Sawmill Capacity Utilization Rates: WWPA June 2022 US sawmill production as a per cent of practical capacity for January-June 2022 was down to 84%, compared to the first six months of last year when it was 87%, said the Western Wood Products Association’s monthly Lumber Track. Canada’s sawmill capacity utilization rate continued to…
