Tag: UShousing

This has historically been a time for lumber prices to start dropping as the season changes to autumn. Generally speaking, construction activity starts to slow down after Labour Day. For the past year of rising interest rates and some unknowns for the housing market, lumber buyers have kept their inventories lean due to uncertainty of…

The Madison’s Lumber Prices Index for the week ending September 15, 2023 is: US$452 mfbm The Madison’s Lumber Prices Index for the week ending September 15, 2023 is: US$452 mfbmThis is down by -2.4%, or -$11, from the previous week when it was US$463. For information regarding the construction of this Index (species mix, weighed…

Ahead of the Labour Day long weekend, which traditionally marks a beginning of slow-down to construction activity thus lumber sales, customers caught short of inventory needed for existing projects found some prices were on the rise. Sawmills were — at least — able to resist counter-offers, if not actually able to push prices up on…

The Madison’s Lumber Prices Index for the week ending September 8, 2023 is: US$463 mfbm The Madison’s Lumber Prices Index for the week ending September 8, 2023 is: US$463 mfbm This is up by +0.4%, or +$2, from the previous week when it was US$461. For information regarding the construction of this Index (species mix,…

A burst of increased demand in the last two weeks of August pushed up many lumber prices somewhat. The practice of customers to stick to just-in-time buying, held for the better part of the past year, created a situation of low field inventories. As construction activity continued across the continent, customers found themselves purchasing more…