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British Columbia Coastal Log Prices: May 2018
Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May…
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Topsy-Turvey Lumber Market as Prices Settle
Prices of many North American softwood lumber and panel prices corrected sharply this week as customers picked through sawmill offer lists looking for construction framing wood products they could get for a lower price. Home sales and construction in the US continue much stronger than anyone had expected one year ago. The below table is…
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US Real Estate Market: 1Q 2018
For full-year 2017, US homeownership rose to 64.2%, according to the Harvard Joint Center‘s just-released State of the Nation’s Housing report for 2018. The uptick is the first in 12 years and a dramatic turnaround in the homeowner market. The percentage of Americans who own their homes peaked at more than 68% in 2005 before…
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US Housing Starts, Home Sales, House Prices, Inventory: May 2018
Total housing starts in the US increased in May with gains in both the single-family and multifamily sectors. Starts increased +5% month-over-month to a 1.35 million seasonally adjusted annual rate, according to a joint data release June 19 from the US Census Bureau and HUD. This pace is a post-recession high. The rate of single-family…
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It’s a Brand-New, Uncharted World for Softwood Lumber Prices
A waffling North American softwood lumber market started to settle down last week, as the Madison’s price graphs showed in our previous issue. On May 2 this year, Madison’s took the bold step — and one we do not tread upon lightly — of declaring a new floor on prices of benchmark North American softwood…
