Softwood Lumber Prices

The Madison’s Lumber Prices Index for the week ending September 29, 2023 is: US$436 mfbm The Madison’s Lumber Prices Index for the week ending September 29, 2023 is: US$436 mfbm This is down by -3%, or -$12, from the previous week when it was US$448. For information regarding the construction of this Index (species mix, […] The post The Madison’s Lumber Prices Index September 29, 2023 is: US$436 mfbm first appeared on Madison’s Lumber Reporter.

After spiking to unsustainable highs during the disruptions to society in the past couple of years, US housing starts trended further downward in August 2023. Permits for authorizations of new home building increased, however. Demand for new construction has been boosted by an ongoing acute shortage of previously owned homes on the market. Realtors estimate […] The post US Housing Market August & Softwood Lumber Prices September: 2023 first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending September 22, 2023 is: US$448 mfbm The Madison’s Lumber Prices Index for the week ending September 22, 2023 is: US$448 mfbmThis is down by -1%, or -$4, from the previous week when it was US$452. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index September 22, 2023 is: US$448 mfbm first appeared on Madison’s Lumber Reporter.

This has historically been a time for lumber prices to start dropping as the season changes to autumn. Generally speaking, construction activity starts to slow down after Labour Day. For the past year of rising interest rates and some unknowns for the housing market, lumber buyers have kept their inventories lean due to uncertainty of […] The post Continued Weak Field Inventories Buoy Lumber Prices first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending September 15, 2023 is: US$452 mfbm The Madison’s Lumber Prices Index for the week ending September 15, 2023 is: US$452 mfbmThis is down by -2.4%, or -$11, from the previous week when it was US$463. For information regarding the construction of this Index (species mix, weighed […] The post The Madison’s Lumber Prices Index September 15, 2023 is: US$452 mfbm first appeared on Madison’s Lumber Reporter.

Ahead of the Labour Day long weekend, which traditionally marks a beginning of slow-down to construction activity thus lumber sales, customers caught short of inventory needed for existing projects found some prices were on the rise. Sawmills were — at least — able to resist counter-offers, if not actually able to push prices up on […] The post Pre-Labour Day Lumber Sales Remain Strong first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending September 8, 2023 is: US$463 mfbm The Madison’s Lumber Prices Index for the week ending September 8, 2023 is: US$463 mfbm This is up by +0.4%, or +$2, from the previous week when it was US$461. For information regarding the construction of this Index (species mix, […] The post Madison’s Lumber Prices Index September 8, 2023 is: US$463 mfbm first appeared on Madison’s Lumber Reporter.