Tag: US home building

While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021. After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance…

Here is a mini-snapshot SNEAK PEAK at tomorrow’s Madison’s Lumber Reporter print for benchmark WSPF R/L North American construction framing softwood lumber prices: Madison’s is your premiere source for North America home building construction framing softwood lumber news, prices, industry insight, and industry contacts. We have a variety of products to meet your information needs.…

As usual for this time of year, most large home builders and construction companies have received the wood needed for their projects, and lumber prices start dropping. It was this week last year when lumber prices reached previously never-imaginable highs and stayed that way for a few weeks before tumbling way back down, to the…

After severe drops in mid-2021 and again at the end of last year, Canadian sawmill capacity utilization rates continued recovering in March 2022. US sawmill production as a per cent of practical capacity for March 2022 dropped to 83%, compared to the same month last year when it was 85%, said the Western Wood Products…

A normal drop in orders for this time of year lead to sharp decreases in lumber prices. Recent sawmill curtailments — due to severe delivery delays and ongoing logistics problems — notwithstanding, lumber supply and inventories in the field increased to more healthy levels. Thus customers were in a better negotiating position than the past…