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Canada and US Railcar Loadings: October 16, 2021
The Association of American Railroads (AAR) reported October 16 US and Canadian rail traffic volumes for the week ending October 16, 2021. US railroads originated 1,970,839 combined carloads and intermodal units, up another +3.8%, or 71,419 combined, from one year ago. US railroads originated 229,730 carloads and 267,253 intermodal units for the week ending October…
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US New Home Sales, House Prices September and Softwood Lumber Prices October: 2021
The U.S. Census Bureau and the US Department of Housing and Urban Development released October 26 new home sales and house price data for September 2021. New home sales comprise 10% of real estate activity and are considered a leading housing market indicator as they are recorded when contracts are signed. After slowing down in…
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US Housing Starts, Permits Sept and Lumber Prices Oct: 2021 (video)
The U.S. Census Bureau and the US Department of Housing and Urban Development released October 26 new home sales and house price data for September 2021. New home sales comprise 10% of real estate activity and are considered a leading housing market indicator as they are recorded when contracts are signed. Bumping up and down…
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Softwood Lumber Prices and Market Update: Oct 2021 (video)
Buyers of Western S-P-F in the United States continued to run up against palpably limited availability. Showing surprising strength in ongoing increases when usually lumber prices are dropping, in the week ending October 22, 2021, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$630 mfbm, which is up by a remarkable +$35, or…
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Lumber Prices Continue Rising Following Canadian Thanksgiving
As explained by Madison’s Lumber Reporter many times in the past, as far as the seasonal cycle of lumber sales — thus prices — goes, normally after the Labour Day long weekend demand starts to drop and by US Thanksgiving demand reaches the annual low. This didn’t happen last year, and has not been happening…
