Tag: RealEstate

US housing starts for June 2021 jumped +6.3% compared to May, at a seasonally adjusted annual rate of 1.643 million. This is the highest in three months amid strong demand from buyers, elevated materials costs, and a shortage of qualified workers. US Housing Total and 1-Unit Starts June & Benchmark Softwood Lumber Prices July: 2021…

July 8, 2021 — The big drops in lumber prices which started around the dual holidays of Victoria Day in Canada and Memorial Day in the US continued for five weeks, until the dual national holidays at the beginning of July. In the following week most lumber commodity prices were essentially flat, indicating a possible…

The Association of American Railroads (AAR) reported July 7 US and Canadian rail traffic volumes for the week of July 3, 2021. For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes…

Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices: After dropping a total of -52.5% from the all-time record high of US$1,600 mfbm — which had held for several weeks — this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir…

Key comment: “Douglas-fir and sheet goods’ prices continued to hold on comparatively while the rest of the market cratered further.” Prices reflect week of June 17, 2021 (CLICK TABLE TO ENLARGE)