March 4 News Report Excerpt There were 406,000 new homes on the market in January, up from 394,000 in December and up from 302,000 in January 2021.
After a big pop the previous week, for the week ending February 25, 2022 the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$1,350 mfbm. This is up by +$20, or +2%, from the previous week when it was $1,330, said forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price is up by +$173, or +15% from one month ago when it was $1,178.