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It’s a Good Time to Buy Lumber

It’s a Good Time to Buy Lumber

While stability has returned, factors like recent mill closures and global shifts could still stir up trouble. If you have a project in the pipeline, it’s a good time to secure your lumber packages and stay ahead of any unexpected changes.

Let Trio Forest Products guide you through any lingering uncertainties this Halloween season with confidence and resilience.

Happy Halloween from Trio Forest Products Inc

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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.