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US Housing Market July & Softwood Lumber Prices Aug: 2022

It is important to note that month-over-month starts and permits have indeed dropped, however new building and permits activity for the first seven months of this year were up compared to January to July 2021. The latest US housing starts and US new home sales data, for July 2022, continued the downward trend seen in […]

Slower Mid-Summer Activity Brings Flat Lumber Prices

Source Article EXCERPT As July waned, lumber prices remained flat but players…

Lumber Prices Drop as Labour Day Approaches

An old adage often used by Madison’s to explain the typical seasonal cycle of lumber prices is, “Labour Day is the beginning of the end and US Thanksgiving in the end of the end.” Meaning that lumber prices usually drop around Labour Day then keep falling until US Thanksgiving, which normally marks the lowest prices […]

Single-Family Housing Demand Will Remain ‘Solid’ For the Next Decade

Single-Family Housing Demand Will Remain ‘Solid’ For the Next Decade Full Article