Keyword: US

US lumber prices continue to fall despite low inventories

Wood-pricing service Random Lengths said that its framing-lumber composite index dropped in the last week of 2022 to [...]

US homebuilders buy time with huge backlogs

The US housing market has fallen off a cliff, but for now, homebuilders are biding their time. As bad as [...]

Lumber futures rise on more Canadian sawmill curtailments

US lumber futures rose by the most allowed by exchange rules following Canfor's announcement that it would further curtail [...]

US lumber prices haven’t been this low since lockdown

   Lumber prices hit their lowest level since June 2020 on Monday as the housing market continues to slow [...]

US lumber: Post-bubble prices under further pressure

US lumber futures continued to fall over the past few months as weakening housing markets in major economies amid rising [...]

U.S. lumber prices could rise again

U.S. softwood lumber futures dropped 72.7% from the March 2022 high to the September 2022 low. The six [...]

U.S. sawmills produce more softwood lumber, while Canadian output drops

    U.S. sawmills in July produced 3.105 billion board ft. (bbf) of softwood lumber, up [...]

US lumber prices fall to around pre-pandemic levels

US lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to [...]

US lumber prices fell 10% after the Federal Reserve hiked interest rates

   US lumber prices extended their 2-day decline to 10% after the Fed hiked interest rates by 75 [...]

US hardwood flooring tackles supply chain issues and labor shortages

Last year, the U.S. hardwood industry posted its first year of revenue gains since 2016, buoyed by elevated housing [...]