Lumber Pricing Trends

The Madison’s Lumber Prices Index for the week ending October 27, 2023 is: US$402 mfbm The Madison’s Lumber Prices Index for the week ending October 27, 2023 is: US$402 mfbm This is flat from the previous week when it was US$402. For information regarding the construction of this Index (species mix, weighed averages) please go […] The post Madison’s Lumber Prices Index October 27, 2023: US$402 mfbm first appeared on Madison’s Lumber Reporter.

US homebuilding bounced back in September 2023, after dropping in August to the lowest levels since 2020 as mortgage rates climbed. Despite elevated mortgage rates averaging above 7%, single-family starts posted a gain in September, according to the National Association of Home Builders, which says more buyers are turning to new homes because of a dearth of […] The post US Housing Market September & Softwood Lumber Prices October: 2023 first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending october 20, 2023 is: US$402 mfbm The Madison’s Lumber Prices Index for the week ending October 20, 2023 is: US$402 mfbm This is down by -2%, or -$9, from the previous week when it was US$411. For information regarding the construction of this Index (species mix, […] The post Madison’s Lumber Prices Index October 20, 2023: US$402 mfbm first appeared on Madison’s Lumber Reporter.

After three years of extreme volatility and many unknowns, North American construction framing dimension softwood lumber price trendlines started to normalize during 2023. This means that next year it will be less difficult to judge what is going with sales and prices, thus industry will be better able to plan. This stability will surely be […] The post Lumber Prices Trendline Normalizes first appeared on Madison’s Lumber Reporter.