Tag: US home sales

Earlier this year, Madison’s was asked to speak at the North American Wholesaler Lumberman’s Association regional meeting in Montreal, QC, held in conjunction with the fabulous Montreal Wood Convention. Unfortunately, due to huge piles of work needing to be done — a happy problem to have — Madison’s is not able to attend that event…

Prices of a few standard construction framing North American softwood lumber commodities did bounce up last week, but overall most of the market stayed flat. New orders were encouraging if not guarded, as end-users did their best to survive on existing inventories rather than ordering beyond immediate needs in fear of prices dropping again. This…

The US housing market keeps slowing down, with January having marked the sixth consecutive month of declining sales. US existing home sales fell -1.2% in January to their worst pace in more than three years, said the National Association of Realtors® (NAR) Thursday, as persistent affordability problems have put a harsh chill in the real…

Please find below the results of Madison’s Lumber Reporter‘s investigation into questions regarding a possible difference between North American softwood lumber prices into USA and those domestically within Canada, in view of the latest US softwood lumber duty. OVERVIEW OF CURRENT NORTH AMERICAN LUMBER MARKET: 1Q 2019 The question at hand: · is there apparently…

Seemingly non-stop ordering boosted Canadian and US construction framing softwood lumber prices last week as manufacturers kept production levels high to stay on pace with demand. Order files at sawmills grew to three weeks or more, thus the most popular items were “off-the-market” because producers refused to quote prices more than three weeks out. Of…