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Fourth Quarter Industry Update

Fourth Quarter Industry Update

Welcome to our Fourth Quarter Industry Update, where we delve into the latest developments and insights shaping the lumber industry landscape. In this comprehensive update, we explore a range of topics, from housing starts and permits to lumber market forecasts and major industry announcements. Learn about the trends driving the market, the challenges faced by mills in Western Canada and the Pacific Northwest, and the anticipated price stability in plywood and OSB markets. Discover how these factors impact your purchasing decisions and business strategies in the dynamic lumber market. Join us as we navigate through the complexities of the industry, providing you with valuable insights to thrive in 2024 and beyond.

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Year End Lumber Market Analysis

Year End Lumber Market Analysis

As the year concludes, the lumber market demonstrates a blend of stability, cautious optimism, and strategic considerations influenced by both market and seasonal dynamics.

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Trio’s Toy Drive is in Full Swing

Trio’s Toy Drive is in Full Swing

There’s still time to be a part of Trio’s Toy Drive this Holiday Season! Partner with Trio to drop off a toy to our office or make a quick cash donation to Trio’s St. Vincent De Paul Toy Drive site.

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Lumber Market Considerations: March and April 2023

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What do flat lines in our graphs mean for the lumber market?
Perhaps is means that supply and demand are at a temporary check mate.

Even though interest rates continue to fluctuate, nationwide residential housing starts are up and permits are also up overall since January. Approximately 75% of builders anticipated housing starts down in 2023. Builders confidence has improved by about 20% after Q1.
Multifamily is predicted to stay strong for this upcoming spring season.

As winter winds down, spring conditions are bringing a stronger demand for lumber. Building typically amps up nationwide with favorable weather conditions.

Overall, our business partners are cautiously optimistic about the consistency in volume demand for 2023.