Slow Demand Keeps Lumber Prices Flat

Steady take-a-way amid normal seasonally slow demand was the name of the game for January 2024 North American construction framing dimension softwood lumber sales. Prices remained essentially flat, providing much-needed stability for both the forest products manufacturing industry and home builders alike. Expectations for reasonably good housing starts numbers this year are widely acknowledged. The […] The post Slow Demand Keeps Lumber Prices Flat first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm

The Madison’s Lumber Prices Index for the week ending february 9, 2024 is: US$468 mfbm The Madison’s Lumber Prices Index for the week ending February 9, 2024 is: US$468 mfbmThis is down by -1%, or -$5, from the previous week when it was US$473. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm first appeared on Madison’s Lumber Reporter.

Lumber Prices Flat on Low Sales Volumes

The month of January 2024 marched on, bringing with it sluggish lumber sales and flat prices. Looking at the graph above, it is clear that the quite stable trend line of price changes through last year is continuing. This return to previously more regular seasonal price movement is providing much-needed stability for the North American […] The post Lumber Prices Flat on Low Sales Volumes first appeared on Madison’s Lumber Reporter.

Winter Weather Keeps Lumber Sales Low

As business in January 2024 got going after the annual Holiday Break, the price trendline for benchmark construction framing dimension lumber commodity item Western Spruce-Pine-Fir KD 2×4 #2Btr continued nicely from where it ended last year. A quick look at the graph above to compare the yellow line of 2023 to the blue line of […] The post Winter Weather Keeps Lumber Sales Low first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index January 26, 2024: US$474 mfbm

The Madison’s Lumber Prices Index for the week ending january 26, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending January 26, 2024 is: US$474 mfbmThis is flat from the previous week when it was US$474. For information regarding the construction of this Index (species mix, weighed averages) please go here: […] The post Madison’s Lumber Prices Index January 26, 2024: US$474 mfbm first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index January 19, 2024: US$474 mfbm

The Madison’s Lumber Prices Index for the week ending january 19, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending January 19, 2024 is: US$474 mfbmThis is -0.4%, or -$2, from the previous week when it was US$476. For information regarding the construction of this Index (species mix, weighed averages) please […] The post Madison’s Lumber Prices Index January 19, 2024: US$474 mfbm first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index January 12, 2024: US$476 mfbm

The Madison’s Lumber Prices Index for the week ending january 12, 2024 is: US$476 mfbm The Madison’s Lumber Prices Index for the week ending January 12, 2024 is: US$476 mfbmThis is flat from the previous week when it was US$476. For information regarding the construction of this Index (species mix, weighed averages) please go here: […] The post Madison’s Lumber Prices Index January 12, 2024: US$476 mfbm first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index January 5, 2024: US$476 mfbm

The Madison’s Lumber Prices Index for the week ending january 5, 2024 is: US$476 mfbm The Madison’s Lumber Prices Index for the week ending January 5, 2024 is: US$476 mfbmThis is up by +7%, or +$30, from the previous week when it was US$446. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index January 5, 2024: US$476 mfbm first appeared on Madison’s Lumber Reporter.

US Housing Starts November & Softwood Lumber Prices December: 2023

Housing starts exploded higher in November 2023, surging by nearly +15% to a 1.56 million unit annualized pace, the best reading since May and second-best in a year and a half. The new housing market remains underpinned by an acute shortage of previously owned homes available for sale. Chief economist at Comerica Bank in Dallas, […] The post US Housing Starts November & Softwood Lumber Prices December: 2023 first appeared on Madison’s Lumber Reporter.

Year-End 2023 Lumber Prices Match 2022 Levels

In the final weeks of this year, the full trendline for 2023 shows some real stability for North America construction framing softwood lumber prices. Especially in comparison to the previous couple of years. Indeed, the weekly price of both benchmark Western S-P-F and Southern Yellow Pine East Side 2x4s landed almost exactly where they were […] The post Year-End 2023 Lumber Prices Match 2022 Levels first appeared on Madison’s Lumber Reporter.