Tag: RealEstate

The U.S. Census Bureau and the US Department of Housing and Urban Development released February 24 new home sales and new house price data. New home sales comprise 10% of real estate activity and are considered a leading housing market indicator as they are recorded when contracts are signed. After climbing to record-level highs during…

Some lumber prices popped up slightly while others dropped a bit, as customers and suppliers were able to hammer out agreeable price levels for 2022. The question on everyone’s minds, since before the end of last year, was: were the seemingly very high prices of 2021 a significant anomaly, or is that the “new normal?”…

After relentless increases for the second half of last year, North America construction framing dimension softwood lumber prices reversed their rises during January 2022. Ongoing strong demand, however, served to prop prices up again at the beginning of February. Home building activity slowed somewhat as harsh winter weather hit across the continent and supply chain…

The latest North America Oriented Strand Board and Plywood prices, and market commentary explaining supply and demand conditions behind these price updates. SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Historical ComparisonIn the week ending February 11, 2022, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$1,350 msf. This is up by +$75, or +6%,…

A deep look into the relationship between various lumber prices, using current Western Spruce-Pine-Fir as an example. The respective changes between specifications and grades, and what happens in negotiations between the supplier and the customer, as buyers try to find the best price for the items that suit their needs. REQUEST A SAMPLE: https://madisonsreport.com/subscribe/