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Madison’s Lumber Prices Index: July 28, 2023

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.

Increased Housing Construction Activity Brings Higher Lumber Prices

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.

Mid 2023 North America Softwood Lumber Market Update

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.

Madison’s Lumber Prices Index: July 21, 2023

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.

Lumber Sales Improve in Mid-Summer 2023

A very late start to the annual seasonal building cycle finally brought improved lumber sales volumes at the beginning of July. Due to lowered production volumes over the past approximately one year, and ongoing sawmill curtailments, lumber supply did not meet demand. As sawmill order files stretched out to several weeks, customers searched among wholesalers […] The post Lumber Sales Improve in Mid-Summer 2023 first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: July 14, 2023

The Madison’s Lumber Prices Index for the week ending July 14, 2023 is: US$494 mfbm The Madison’s Lumber Prices Index for the week ending July 14, 2023 is: US$494 mfbmThis is up by +1.6%, or +$8, 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: July 14, 2023 first appeared on Madison’s Lumber Reporter.

Increased Housing Construction Activity Brings Higher Lumber Prices

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.

Madison’s Lumber Prices Index: July 07, 2023

The Madison’s Lumber Prices Index for the week ending July 07, 2023 is: US$486 mfbm The Madison’s Lumber Prices Index for the week ending July 07, 2023 is: US$486 mfbmThis is up by +1.9%, or +$9, from the previous week when it was US$477. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: July 07, 2023 first appeared on Madison’s Lumber Reporter.

Increased demand rises some lumber prices slightly: Madison’s

Increased demand rises some lumber prices slightly: Madison’sMaria Church In the week…

US Housing Market and Lumber Prices: June 2023

US housing starts and new home sales data for May 2023 both show a turn-a-round point from the slow-down of mid-2022, when lending rates started to rise. Total housing starts in the US for May 2023 shot up by +22% from the previous month, to 1.631 million units, compared to the 1.340 million units reported […] The post US Housing Market and Lumber Prices: June 2023 first appeared on Madison’s Lumber Reporter.