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US New and Existing Home Sales: June 2020
A huge bounce for both New and Existing home sales in the US in June 2020 provided some well-needed positive movement for the US economic condition: Sales of new single-family homes in the United States rose by +14% from the previous month to a seasonally adjusted annual rate of 776 thousand in June 2020 The…
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North America Rail Traffic: to July 18, 2020
For the week ending July 18, 2020, total U.S. weekly rail traffic was 481,597 carloads and intermodal units, down -8.5% compared with the same week last year said the the Association of American Railroads (AAR) Wednesday. Total carloads for the week ending July 18 were 214,685 carloads, down -16% compared with the same week in…
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US Housing Starts & Softwood Lumber Prices: June and July 2020
US Housing Total Starts June 2020 & Benchmark Softwood Lumber Prices July 2020 The USA purchases approximately 65% of Canada’s dimension lumber production mostly for home construction framing, while Canadian buyers account for about 10%, and those in Japan take 6%. For the week ending July 17, 2020, prices of standard construction framing dimension softwood…
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Prices of Softwood Lumber Continue to Rise as Demand Flows East
“It was a runaway market again last week as softwood lumber prices soared thanks to persistently limited supply.” — Madison’s Lumber Reporter For the week ending July 17, 2020, prices of standard construction framing dimension softwood lumber items increased yet further. Benchmark softwood lumber item Western S-P-F 2×4 #2&Btr KD popped higher still, up by…
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Madison’s Weekly Softwood Lumber Prices
“It was a runaway market again last week as prices soared thanks to persistently limited supply.” — Madison’s Lumber Reporter
