Madison’s Lumber Reporter

New home building in the US skyrocketted, by almost 17%, last month however this is after an almost equally sharp drop in November. Reasonably clement weather in the densely-populated US northeast last week allowed for quite robust construction activity, providing softwood lumber sellers the opportunity to hold prices ...

The latest US housing starts data showed continued improvement. Such a strong end to what turned out to be a pretty good year for North American construction framing dimension softwood lumber prices - after a terrifying start - bodes well for 2020.

US house prices rose in 3Q 2019, up +1.1%, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices in the US rose +4.9% from 3Q 2018 to 3Q 2019. FHFA's seasonally adjusted monthly index for September was up +0.6% from August.

Continuing flat, as last month, US softwood lumber production volume for January - September 2019 was 26,616 mmfbm. Also like last month, softwood lumber production in Canada continued big drops since the beginning of this year, once more falling -11%, to 18,608 mmfbm, compared to the first nine months of 2018 when it ...

The work stoppage on CN Rail ended - as of mid-day Tuesday - which was soon enough to avoid truly negative impact on Canada’s forest industry. After achieving dizzying highs in summer 2018, most standard construction framing dimension softwood lumber prices are now higher than last month and one year ago, while special...