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US Housing Starts Rise Again, Softwood Lumber Prices Remain Flat
It was not a surprise to Madison’s Lumber Reporter Tuesday morning when the latest US housing starts data showed continued improvement. Such a strong end to what turned out to be a pretty good year for North American construction framing dimension softwood lumber prices — after a terrifying start — bodes well for 2020. This…
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North America Softwood Lumber Prices, US House Prices: December 2019
Median US House Sales Price vs Benchmark North American Construction Framing Dimension Softwood Lumber Prices: 2016 – 2019 US house prices rose in 3Q 2019, up +1.1 per cent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI), released November 26. House prices in the US rose +4.9 per cent from 3Q…
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US House Prices vs. Softwood Lumber Prices: Dec 2019
Median US House Sales Price vs Benchmark North American Construction Framing Dimension Softwood Lumber Prices: 3Q 2019 US house prices rose in 3Q 2019, up +1.1 per cent according to the US Federal Housing Finance Agency (FHFA) House Price Index (HPI), released November 26. House prices in the US rose +4.9 per cent from 3Q…
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New NAFTA Deal Signed, Softwood Lumber Prices Hold Steady
A significant uncertainty for North American business owners was resolved Tuesday as Canada, the US, and Mexico signed the new trilateral trade agreement, the CUSMA. Full details will be revealed soon, and the new deal will take effect January 1, 2020. Also this week the Western Wood Products Association released its latest monthly Lumber Track…
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Canada/US/Mexico Free Trade Deal Signed
The United States and Mexico have confirmed an agreement has been reached on a new North American free trade deal. U.S. House Speaker Nancy Pelosi said in Washington Tuesday morning that congressional Democrats were supportive of the changes. Ways and Means Committee Chair Richard Neal said completion of the deal came after a round of…
