Tag: RealEstate

North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: For full-year 2021 softwood lumber production in the US was flat compared to 2020, at 37,153 mmfbm. Softwood lumber production in Canada for 2021 it was up +3%, to 23,711 mmfbm, compared to 2020. British Columbia,…

After dropping last month, February starts of single-family housing, the largest share of the market and construction method which uses the most wood, was 1.215 million annualized, up by +5.7% compared to January. Building permits are generally submitted two months before the home building is begun, so the expectation is that April single-family starts will…

Much-welcomed stability in lumber pricing arrived for the week ending March 18, 2022 Check back with the Madison’s website www.madisonsreport.com often for the latest updates for the latest developments and updates. Much-welcomed stability in pricing arrived for the week ending March 18, 2022, when the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr…

This week Madison’s Lumber Reporter had a great chat with Timber Exchange about the North American lumber market, current situation as well as expectation for lumber prices during this coming year. Link to my great conversation with Timber Exchange this week (simply input your name and email as registration to view): https://us06web.zoom.us/rec/play/25sx9kFPYrfQ_EYMlVZePljB_ksyL7Bu8M7qD-a7eD1G181tKPR5mPz8RzlTtzAqD4CZS0FvGVjloOVM.Vr7Z8oPRcntyTnV_ To receive the…

Shipping delays continued to be the main word as inventories in the field were waning and deliveries were frustratingly slow. Sawmills were able to keep strong order files of up to 4 weeks so prices remained flat. Lumber yards at suppliers were choked due to sheer lack of rails cars coming in as well as…