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Softwood Lumber Prices and Market Update: April 2021
In the week ending April 23, 2021, the wholesaler price of Western S-P-F KD 2×4 #2&Btr was US$1,330 mfbm.
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US New Home Sales, House Prices March and Softwood Lumber Prices April: 2021
Sales of new single-family houses in the US for March 2021 were at a seasonally adjusted annual rate of 1.021 million, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is up +21% from the revised March 2021 rate of 846,000 and up an astonishing…
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Lumber Prices, Wood Prices: Explanation (video)
This week Madison’s was interviewed by a woodworking YouTube channel about lumber prices and what is going on in the market: https://www.youtube.com/channel/UC5-vauitPSwmPsiGhiXlSrw “WHY are lumber prices just out of control? “Construction wood prices just keep going up. I asked an industry expert to explain, here is what she had to say. Keta Kosman, Editor Madison’s…
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Softwood Lumber Prices Reach Stratospheric Heights
April 9, 2021 — Shock and disbelief resonated throughout the North American forest products industry as solid wood construction framing building material prices surpassed expectations and just kept going up. It is a frustrating situation for sawmills as supply remains well below extremely hot, indeed unabated, demand. If anything, it looks like the home building…
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US Housing Starts March, Softwood Lumber Prices April: 2021 (video)
Compared to March 2020 total residential starts in the US last month shot up by +37% to a 1.74 million annualized rate, from 1.27 in the same month one year ago. Permits for future homebuilding increased spectacularly compared to one year ago, up by +30% to a rate of 1.77 million units last month compared…
