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Lumber Pricing Trends
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US Housing Starts and New Home Sales plus Lumber Prices: Jan and Feb 2023
Total housing starts in the US for January 2023 were down a little bit compared to Dec 2022, which is normal for the season. Single-family starts were also down slightly compared to Dec, but permits were almost flat. Full-year 2022 total housing starts were down only -3% compared to 2021, at 1.55 million units. Single-family […]
The post US Housing Starts and New Home Sales plus Lumber Prices: Jan and Feb 2023 first appeared on Madison’s Lumber Reporter.
Ongoing Winter Weather Keeps Lumber Prices Down
As more cold and snow descended yet again across North America, construction activity remained stalled thus lumber sales were similarly slow. Those purchases which were made were generally for just-in-time buying or immediate needs; almost no one was stocking up on inventory yet for this looming spring building season. For their part, sawmills could only […]
The post Ongoing Winter Weather Keeps Lumber Prices Down first appeared on Madison’s Lumber Reporter.
Plywood and OSB Prices: March 2023
REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 3, 2023, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$678 msf, which is flat from the previous week, said weekly forest […]
The post Plywood and OSB Prices: March 2023 first appeared on Madison’s Lumber Reporter.
Ample Supply Brings a Drop in Lumber Prices
At the end of February, despite a noticeable reduction in lumber manufacturing since 4Q 2022, supply was ample enough that prices dropped significantly. A fresh round of harsh winter weather, including in southern California, brought a stop to any construction activity that might still have been going on. Noting the recent waffling of price levels, […]
The post Ample Supply Brings a Drop in Lumber Prices first appeared on Madison’s Lumber Reporter.
Lumber Prices and Market Update: March 2023
REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 03, 2023, the price of WSPF 2×4 #2&Btr KD (RL) was US$400 mfbm. This is down by -$17, or -4%, from the previous week when it […]
The post Lumber Prices and Market Update: March 2023 first appeared on Madison’s Lumber Reporter.