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US Home Equity Values Improve for 2018, Softwood Lumber Prices Equalize to Match Demand: March 2019
After a sleepy end to last year, the manufacture, sale, and consumption of North American dimension softwood lumber in 2019 to date has bobbled to relative normalcy. The weekly lumber price newsletter Madison’s Lumber Reporter printed today on the wholesaler (producer or secondary supplier) price of benchmark softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr…
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US Household Wealth, Property Values: 4Q and Full-Year 2018
Of particular interest to building materials suppliers, especially those dealing in wood products, is the latest data on the strength of the US real estate market for full-year 2018. Home buying-and-selling activity, with details like inventory and prices, are good indicators of looming construction projects. Canadian and US softwood lumber manufacturers, the sawmills, as well…
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US New Home Sales, House Price: December and Full-Year 2018
More data delayed by the US government furlough at the end of last year is trickling in; this week US home sales and house price for December and full-year 2018. Despite a period of weakness during autumn 2018, new home sales in the US ended 2018 up +1.5% compared to the total for 2017. Contracts…
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Months’ Supply of US Houses for Sale: February 2019
The supply of homes for sale in the US for February 2019 showed a five consecutive months’ rise, while January signed contracts jumping a wider-than-expected +4.6% month to month, according to the National Association of Realtors. US Housing Inventory: February 2019 The supply of homes for sale is finally rising, but fewer buyers are able…
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Softwood Lumber Prices Up From Last Month; Down Compared To Last Year: March 2019
After a sleepy end to 2018, the manufacture, sale, and consumption of North American dimension softwood lumber in 2019 to date has bobbled to relative normalcy. In the type of data that analysts like Madison’s loves, the wholesaler (producer or secondary supplier) price of benchmark framing softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr last…
