Tag: Softwood Lumber Prices

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. U.S. housing starts jumped in February by more than expected. Housing starts, a measure of U.S. home building, rose +10.7% to a seasonally adjusted rate of 1.52 million.Starts were +5.9% higher than the same month last year. Residential permits, which can…

As winter weather is ending across most of the continent and building projects start to come back to life, many customers of construction framing dimension lumber products remain circumspect. After the great shocks of extreme price volatility from 2020 to 2022, buyers of wood remain quite cautious. Because the previously “normal” historical price trends, which…

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Get informed about the North America coastal lumber market; Douglas fir and Hemlock, latest price information and market commentary.Learn what to expect with price movement of coastal lumber species as the spring 2024 home building and construction season starts to come…

The Madison’s Lumber Prices Index for the week ending march 22, 2024 is: US$493 mfbm The Madison’s Lumber Prices Index for the week ending March 22, 2024 is: US$493 mfbmThis is up by +0%, or +$1, from the previous week when it was US$492. For information regarding the construction of this Index (species mix, weighed…

Prices of some construction framing dimension softwood lumber items pushed up, even as benchmark commodity prices stayed flat. While customers continued to be very cautious, preferring to only order wood for building projects ongoing, suppliers warned of potential looming shortages. For their part, buyers were concerned that prices might fall — despite being quite flat…