Tag: US home building

North America softwood lumber prices took quite a tumble again last week as customers bought leanly and negotiated hard, and producers claimed sawmill order files have stretched out to two weeks. Some operators in the East were able to nail down a solid price floor. As forest industry activity and sawmilling in Canada and the…

Here are screenshots of the fabulous new Madison’s Lumber Prices via Forest2Market‘s SilvaStat360, updated Friday for this weeks North America softwood lumber and panel prices: If you toggle the notepad at the top right of each softwood lumber commodity group box, you can see the softwood lumber market commentary for those items: Current readers are…

We at Madison’s are today completing the next fabulous issue of our *NEW* product: British Columbia Coast Log Prices, updated with August log price data. Don’t miss out! Call or email us today to order your subscription to this vital and timely monthly information. Here is a graph of log price trend vs lumber prices…

U.S. housing starts rose 9.2% in August, driven by an outsize leap in apartment building that masked weakening across single- and multifamily construction. Single-family housing starts in August rose 1.9% to a seasonally adjusted annual rate of 876,000 units, and multifamily starts soared 27.3% to an adjusted annual rate of 392,000 units, according to the…

There was quite a price correction for almost all North American softwood lumber and panel commodities last week, as the producer advantage through most of this year evaporated and a more normal seasonal supply-demand balance was restored. While customers were still interested in buying wood, generally their inventory needs for remaining 2018 construction projects have…