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Softwood Lumber Market and Prices Update: May 2021 (video)
Demand and prices were largely flat this week as players tried to figure out whether this latest lull was another mirage or not. WSPF producers in the US maintained order files at their sawmills into mid-June as multiple factors resulted in slower business and an evening out of prices. Large retailers reported marginally lower sales…
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US New Home Sales, House Prices March and Softwood Lumber Prices April: 2021
New-home purchases account for about 10% of the US housing market and are calculated when contracts are signed. They are considered a timely barometer of the current real estate market. US NEW Home Sales April and Benchmark Softwood Lumber Prices May: 2021 Sales of new single-family houses in the US for April 2021 were at…
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Current Lumber Prices against US Housing Starts: April 2021 (video)
April 2021 US Total Housing Starts and Single-Family Starts up +67% compared to April 2020US Total Permits and Single-Family Permits up approx +60% compared to April 2020 Benchmark Construction Framing Dimension Softwood Lumber Commodity Western S-P-F KD 2×4 #2&Btr up + 356% compared to May 2020 Next week US home sales and house prices will…
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Industry Baffled as Lumber Prices Soar Higher
May 7, 2021 — Softwood lumber and panel (plywood and OSB) prices rose by even more the week of May 7 than they did the week before, indicating that demand for construction framing wood products is not slowing down. It’s true though, that prices can not just keep going up forever. There is a ceiling,…
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US Housing Starts April & Softwood Lumber Prices May: 2021
With the harsh winter season behind us, in April 2021 construction activity rebounded spectacularly compared to one year ago when the restrictions of Covid were in place and industry was halted for approximately six weeks. US Housing Total and 1-Unit Starts April & Benchmark Softwood Lumber Prices May 2021 The headlines today read that US…
