RealEstate

As August dawned it became clear that there would be no big increase in new housing construction activity this season. While demand remained reasonably stable, producers chose to increase production volumes and sell more wood rather than keeping supply tight and get prices to rise. Thus the small blip in higher lumber prices seen during […] The post Increased Production Volume Brings Drop in Lumber Prices first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending august 11, 2023 is: US$437 mfbm The Madison’s Lumber Prices Index for the week ending August 11, 2023 is: US$437 mfbmThis is down by -6.8%, or -$32, from the previous week when it was US$469. SPECIAL ADDED BONUS GRAPH THIS WEEK: MADISON’S INDEX VS LUMBER FUTURES […] The post Madison’s Lumber Prices Index: August 11, 2023 first appeared on Madison’s Lumber Reporter.

After the remarkable volatility in 2020 and 2021, the price trendline for framing softwood lumber commodities this past year is beginning to look like something understandable. In mid-2022 when the long-announced interest rate increases actually started to happen, the recent surge in new home building and construction activity started to slow. As such, lumber prices […] The post Lumber Prices Begin to Show a Year-Long Trend first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending august 4, 2023 is: US$469 mfbm The Madison’s Lumber Prices Index for the week ending August 4, 2023 is: US$469 mfbmThis is down by -5.4%, or -$27, from the previous week when it was US$496. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: August 4, 2023 first appeared on Madison’s Lumber Reporter.

With the annual home building season well under way, most construction framing softwood lumber prices flattened out toward the end of July. Prices have crested at what could well become the “new normal”, which those interested in the forestry and sawmilling industries have been asking about for the past couple of years. Certainly those incredible […] The post As July Wanes, Lumber Prices Flatten first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending July 28, 2023 is: US$496 mfbm The Madison’s Lumber Prices Index for the week ending July 28, 2023 is: US$496 mfbmThis is down by -0.4%, or -$2, from the previous week when it was US$498. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: July 28, 2023 first appeared on Madison’s Lumber Reporter.

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the availability of wood remained quite tight due to ongoing sawmill curtailments and lessened production […] The post Increased Housing Construction Activity Brings Higher Lumber Prices first appeared on Madison’s Lumber Reporter.

As June reached its latter weeks, a stellar new housing construction report, for May, and continued very low lumber inventory levels served to pop up demand for wood. Prices on many lumber items rebounded somewhat, with specialty commodities like studs leading the charge. Customers were caught flat-footed by diminishing supply as actual building activity got […] The post Mid 2023 North America Softwood Lumber Market Update first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbm The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbmThis is up by +0.8%, or +$4, from the previous week when it was US$494. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: July 21, 2023 first appeared on Madison’s Lumber Reporter.