Tag: RealEstate

MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “The market continued to search for a tradable bottom as most buyers held off for another week.”  https://madisonsreport.com Prices reflect week of July 16, 2021 (CLICK TABLE TO ENLARGE)

Is the construction home building wood panel (Oriented Strand Board (OSB) and Plywood) supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often. Compared to the price one-month-ago, when it was C$1,539 msf, for the week ending July 16, 2021, the price of Canadian Softwood Plywood Toronto 9.5mm was…

Is the softwood lumber supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often: SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Compared to the price one-year-ago, when it was US$554 mfbm, for the week ending July 16, 2021, the price of Western S-P-F KD 2×4 was up by +$1. Madison’s Products: https://madisonsreport.com/products/

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…