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The decrease in US housing starts for March marks the biggest drop in total starts since the beginning of the pandemic in April 2020. However, revisions to the two prior months added roughly 29,000 units to the previously reported tallies. Madison’s Lumber Prices Index April & US Housing Starts March: 2024 The Madison’s Lumber Prices […] The post US Housing Market and Lumber Prices Update: April 2024 first appeared on Madison’s Lumber Reporter.

As mid-April arrived it seemed like the recent practice of customers holding off buying volumes of wood, making purchases for immediate needs only, was becoming an entrenched habit. Historically at this time of year the seasonal stocking up of lumber inventory would be well underway. However, given the late end to winter and recent harsh […] The post Stagnant Lumber Market Keeps Prices Flat first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending april 19, 2024 is: US$444 mfbm The Madison’s Lumber Prices Index for the week ending April 19, 2024 is: US$444 mfbmThis is down by -8%, or -$37, from the previous week when it was US$481. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index April 19, 2024: US$444 mfbm first appeared on Madison’s Lumber Reporter.

Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Gain deep understanding of the market dynamics between the three main […] The post Softwood Lumber Prices: Market Dynamics first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending april 12, 2024 is: US$481 mfbm The Madison’s Lumber Prices Index for the week ending April 12, 2024 is: US$481 mfbmThis is down by -1%, or -$5, from the previous week when it was US$486. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index April 12, 2024: US$481 mfbm first appeared on Madison’s Lumber Reporter.

Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. After the previous two years of economic upheaval and unprecedented price highs, forest industry players and home builders alike have been looking for indication of what is the new market “normal”. Currently […] The post Soft Demand Drops Lumber Prices Slightly first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending april 5, 2024 is: US$486 mfbm The Madison’s Lumber Prices Index for the week ending April 5, 2024 is: US$486 mfbmThis is down by -1%, or -$5, from the previous week when it was US$491. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index April 5, 2024: US$486 mfbm first appeared on Madison’s Lumber Reporter.

Even as February US and Canadian housing starts data showed big increases over January and positive growth over February 2022, lumber buyers across North America remained cautious toward the end of March. Customers continued their habit of making only highly-specified orders of wood they needed for existing projects; still at this time there was no […] The post Lumber Prices Unchanged as US Housing Starts Pop first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 29, 2024 is: US$491 mfbm The Madison’s Lumber Prices Index for the week ending March 22, 2024 is: US$491 mfbmThis is down by -0%, or -$2, from the previous week when it was US$493. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index March 29, 2024: US$491 mfbm first appeared on Madison’s Lumber Reporter.