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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
August 26, 2020

N. American sawmills can’t keep up with current house construction demand; prices still on the rise

N. American sawmills can’t keep up with current house construction demand; prices still on the rise
North American forest products manufacturers should put on their seat belts, as the latest housing market data indicates no stop to relentlessly rising softwood lumber prices any time soon. Currently, sawmills in Canada and the U.S. simply can not keep up with ongoing very strong demand for house construction in both countries.     While some builders and contractors are beginning to hold off on projects in anticipation of the usual autumn slow-down in demand for building materials, others are committed to construction already started and can do nothing but place orders for much-needed wood ...

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