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Historically High Plywood Prices Comparison
Canadian Softwood Plywood 9.5mm (3/8″) TORONTO Prices: 1999 compared to 2003 and 2020 Food for thought …. the historical high Plywood prices of 1999 were briefly eclipsed in 2003 due to rebuilding after the devastation of Hurricane Andrew in the US. Mid-season 2020 Plywood prices look to surpass even the boggling highs of 2003. Will…
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North America Softwood Lumber Production, Sawmill Capacity Utilization: WWPA, APRIL 2020
US Softwood Lumber Production Continues Improvement, Canada Lumber Production Plummets: April 2020 Compared to one-year-ago, for the first four months of 2020 softwood lumber production in the US continued improving, increasing on the rise in March, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. For January to April 2020 US…
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US Housing Starts up dramatically in June as “Home buyers flee to suburbs, rural areas” — Reuters
Still, US homebuilding remains -24% below its February level. Housing starts in the US increased +17% to a seasonally adjusted annual rate of 1.186 million units last month, the Commerce Department said today. The percentage gain was the largest since October 2016. Data for May was revised up to a 1.011 million-unit pace from the…
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Softwood Lumber Prices Hit 2-Year High, Up +50% Since April — NAHB
On July 10 the US National Association of Home Builders explained current conditions with the North American softwood lumber market. The primary drivers of the price increase include: Sawmills closed in the spring due to stay-at-home and social distancing measures enacted by state and local governments. When prices fell between March and April as a…
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Canada House Prices Jump +6.5% Year-Over-Year
The Canadian Real Estate Association said Wednesday that the average price of a Canadian resale home was $539,000, up 6.5 per cent from the average price a year earlier. And it’s up by more than 10 per cent from what it was just one month earlier, in May. Canada’s housing market went into a deep freeze…
