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Lumber Pricing Trends
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Lumber Prices Remain Soft on Sagging Demand
Since the increase of mortgage lending rates in mid-2022, new housing construction dropped and demand for dimension softwood lumber products fell with it. At the beginning of April lumber sales volumes remained quite low, especially when considered historically for the time of year. Usually as the spring season comes on demand for wood framing materials […]
The post Lumber Prices Remain Soft on Sagging Demand first appeared on Madison’s Lumber Reporter.
Madison’s Lumber Prices Index April 12, 2024: US$481 mfbm
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.
Soft Demand Drops Lumber Prices Slightly
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.
