Tag: us home construction

While most construction framing dimension softwood lumber prices stayed flat last week, prices of Plywood and Oriented Strand Board did increase — as Madison’s had indicated they might. The early-season storms in the US southeast as well as ongoing wildfires in the US west have propped up demand of wood panel products for rebuilding and…

Existing home sales in the US, which account for the bulk of home sales, jumped +10.5% on a year-on-year basis to a seasonally adjusted annual rate of 6 million units for August. Compared to July, the increase was +2.4% , which the highest level since December 2006 and marked three straight months of gains. Single-family…

Privately-owned US housing starts in August were at a seasonally adjusted annual rate of 1,416,000, the Commerce Department said Thursday. This is -5% below the revised July estimate of 1,492,000, but is +3% above the August 2019 rate of 1,377,000. Total starts were up +3% year-over-year compared to August 2019. The dip in housing starts…

The British Columbia government announced Thursday changes to the Manufactured Forest Products Regulation (MFPR) around export requirements for sawn-wood products and lumber made from western red cedar or cypress go into effect Sept. 30, 2020. These changes are intended to increase the amount of processing of wood products done within British Columbia, leading to more…

US Housing Total Starts August 2020 & Benchmark Softwood Lumber Prices September 2020 The USA purchases approximately 65% of Canadian lumber production mostly for construction framing, while Canadian buyers account for about 10%, and those in Japan take 6%.However: US and Canadian customers purchase mostly standard grades (#2&Btr), while Japan buys almost exclusively premium or…