Market Barometer

Market Direction Market conditions continue to be flat, but outside of SPF, most items are firm to higher as producers have closed off counter acceptance and removed most discount incentives. The tighter environment in some regions is related to log and lumber inventory shortages as inclement weather-related events interfere with harvesting and log access. Stormy
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Market Direction Overall, supply continues to outpace demand at this late stage of winter. While March will bring forward spring and more demand, buyers with frayed nerves from the massive swings in pricing over the past 2-3 years are also ham-strung by more stringent accounting mandates. This leaves most of the non-distributor, big-volume buyers compelled
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Market Direction Declining single-family (SF) housing construction demand with the 30-year rate holding above 6% should by all accounts be lower in 2023. However, we should see SF growth again once supply and demand become more balanced as both the single/multi-family market remains far underbuilt. The main headwind going forward is affordability coupled with overall
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