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Regional Demand Keeps Lumber Sales Up
Ongoing demand in various parts of the continent kept lumber sales volumes consistent, even while overall construction activity started to slow down. As winter will come on and home building will slow at the end of the year, there will be good insight to be gleaned from the lumber prices annual trend. Indeed, it may…
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The Madison’s Lumber Prices Index September 29, 2023 is: US$436 mfbm
The Madison’s Lumber Prices Index for the week ending September 29, 2023 is: US$436 mfbm The Madison’s Lumber Prices Index for the week ending September 29, 2023 is: US$436 mfbm This is down by -3%, or -$12, from the previous week when it was US$448. For information regarding the construction of this Index (species mix,…
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US Housing Market August & Softwood Lumber Prices September: 2023
After spiking to unsustainable highs during the disruptions to society in the past couple of years, US housing starts trended further downward in August 2023. Permits for authorizations of new home building increased, however. Demand for new construction has been boosted by an ongoing acute shortage of previously owned homes on the market. Realtors estimate…
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Lumber Sales Drop as Autumn Comes On
As true autumn weather came on across the continent, construction activity started to slow down. As such, lumber sales also slowed somewhat. While there were pockets of ongoing building in several regions, elsewhere the usual seasonal slowdown had started. Given the quite stable lumber price levels through this year so far, expectations are for a…
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Madison’s Lumber Prices Index September 22, 2023 is: US$448 mfbm
The Madison’s Lumber Prices Index for the week ending September 22, 2023 is: US$448 mfbm The Madison’s Lumber Prices Index for the week ending September 22, 2023 is: US$448 mfbmThis is down by -1%, or -$4, from the previous week when it was US$452. For information regarding the construction of this Index (species mix, weighed…
