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Some Lumber Specialty Item Prices Increase

As January 2023 got going, while hardly a big rush, there was an increase in sales — and therefore prices — of several specialty lumber items. Even benchmark WSPF 2x4s popped up a little bit, although more due to significant supply being taken offline than growing demand. There were inklings, however, that customers are making […]

Some Lumber Specialty Item Prices Increase

As January 2023 got going, while hardly a big rush, there was an increase in sales — and therefore prices — of several specialty lumber items. Even benchmark WSPF 2x4s popped up a little bit, although more due to significant supply being taken offline than growing demand. There were inklings, however, that customers are making […]

US Housing Market Full-Year 2022 & Softwood Lumber Prices January 2023

Full-year 2022 US housing starts and new home sales data has been released and while the dampening effects of rising mortgage rates remain, the numbers for December show a slight uptick. In 2022 the US began building 1.55 million homes, just a -3% drop from full-year 2021. Single-family starts in 2022 totalled 1.01 million, down […]

Muted Construction Activity Sends Lumber Prices Sideways

As June dawned most lumber prices stayed flat, as the long-awaited 2023 home building activity still did not materialize. Lumber producers remained well stocked with manufactured wood supply, thus customers felt no urgency to order beyond immediate needs for existing projects. Inventories in the field were reasonably robust, providing wholesalers, resellers, and other secondary suppliers […] The post Muted Construction Activity Sends Lumber Prices Sideways first appeared on Madison’s Lumber Reporter.