RealEstate

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. U.S. housing starts jumped in February by more than expected. Housing starts, a measure of U.S. home building, rose +10.7% to a seasonally adjusted rate of 1.52 million.Starts were +5.9% higher than the same month last year. Residential permits, which can […] The post US Housing Starts Feb and Lumber Prices March: 2024 first appeared on Madison’s Lumber Reporter.

As winter weather is ending across most of the continent and building projects start to come back to life, many customers of construction framing dimension lumber products remain circumspect. After the great shocks of extreme price volatility from 2020 to 2022, buyers of wood remain quite cautious. Because the previously “normal” historical price trends, which […] The post Circumspect Customers Keep Lumber Prices Flat first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 22, 2024 is: US$493 mfbm The Madison’s Lumber Prices Index for the week ending March 22, 2024 is: US$493 mfbmThis is up by +0%, or +$1, from the previous week when it was US$492. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index March 22, 2024: US$493 mfbm first appeared on Madison’s Lumber Reporter.

Prices of some construction framing dimension softwood lumber items pushed up, even as benchmark commodity prices stayed flat. While customers continued to be very cautious, preferring to only order wood for building projects ongoing, suppliers warned of potential looming shortages. For their part, buyers were concerned that prices might fall — despite being quite flat […] The post Increased Demand Pushes up Many Lumber Prices first appeared on Madison’s Lumber Reporter.

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Plywood and Oriented Strand Board prices don’t necessarily move in the same trend as dimension lumber. That’s because these panel products are used for other things besides home building; like concrete forming, infrastructure building, re-roofing and repairs after storms. Find out […] The post Plywood and OSB Prices: March 2024 first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 15, 2024 is: US$492 mfbm The Madison’s Lumber Prices Index for the week ending March 15, 2024 is: US$492 mfbmThis is up by +1%, or +$5, from the previous week when it was US$487. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index March 15, 2024: US$492 mfbm first appeared on Madison’s Lumber Reporter.

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 8, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$452 mfbm, which is flat from the previous week. This is up by +$8, or +2%, from one month ago […] The post Lumber Prices and Market Update: March 15, 2024 first appeared on Madison’s Lumber Reporter.

Even as true spring weather has not yet begun this year, lumber sales improved to the point that prices surpassed the levels of one year ago. Since mid-2022 when mortgage lending rates started increasing, both construction activity and lumber sales dropped somewhat. The trend line for lumber prices during last year was quite stable, as […] The post Prices of Lumber Jump as Sales Improve first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 8, 2024 is: US$487 mfbm The Madison’s Lumber Prices Index for the week ending March 8, 2024 is: US$487 mfbmThis is up by +0%, or +$1, 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 March 8, 2024: US$487 mfbm first appeared on Madison’s Lumber Reporter.