Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family
Despite slower population growth and lower household formation rates, there remains a shortfall in the housing market, particularly for starter homes in North America
Fastmarkets hosted an insightful webinar on the future of southern yellow pine and its potential impact on the North American lumber industry. For those who missed it, here’s a breakdown of the key takeaways
Western spruce-pine-fir (WSPF), once a dominant force in the North American lumber market, has seen a significant decline in recent years. Is it now time for southern yellow pine to take its place?
Soft demand conditions and weak prices have been the catalyst for another salvo of mill closures in recent years
Canadian wood products producers monitor the situation closely as the fires continue
Declining production in Europe has contributed to the fade in exports to the US
Although the numbers would suggest a positive first half of 2023, sentiment and anecdotes don’t seem to back that up
Prior to this year, Chinese imports had fallen steadily for more than a decade but now the market appears to be shifting
The resilience of SYP surprised the market with a stark reversal of the patterns from previous years