More housing data is rolling in and it is not looking good...but it is 30 days old. Therefore, I am looking for 2-month trends. Existing Home Sales declined on rising prices, expanding inventory to 4.5 months...about average...not a shortage. New Home Sales increased as did prices,...

It is time to forget about using a truss design program, price book, or square-foot multiplier when estimating roof and floor truss projects. For many decades, truss companies have been looking for ways to dramatically improve their design team’s capacity, but every effort has fallen...

It is my belief that the lumber market trades in a repeating, predictable pattern. That pattern is created by the interaction between production and how the supply chain lumber dealers, component manufacturers, wood preservers, and wholesale distributors collectively prepare for seasonal...

In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and...

In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and...

Many Americans are not overzealous about the moderate improvements to their lifestyle, income, and overall state of wellbeing during this economic recovery. That is being expressed by the stock market’s decline and increased recession rhetoric. No in-depth statistical analysis is needed...

Tariffs Keep U.S. & Canadian Lumber Border-Bound About Housing Affordability: The evidence continues to pile on. Let’s just skip right over the sources and the comments. They are numerous and more frequent. 25% of all homes for sale have lowered prices. New and existing home...

Now 39 years into this lumber gig, there is one thing I have more confidence in than anything else. It is the foundation of my entire lumber career and reason for my success forecasting lumber market timing. The repeating lumber market cycle. Some of it sloshes around, yet, in spite of all the...

Rationing On May 23, in its most active lumber futures day ever, the market traded $68 of volatility from $15 limit down to $30 limit up and back down $15 to unchanged. Why is that? Futures suspected what we Layman’s Lumber Guide members have known since mid-May. BC mills are not...

There are three fundamental lumber market components that will likely combine to make 2018 the most volatile year for prices on record.  LABOR: ICE gave notice last week that it intends to crack down on undocumented workers in the construction industry...on the jobsites. We already...