Shock and disbelief resonated throughout the North American forest products industry as solid wood construction framing building material prices surpassed expectations and just kept going up. It is a frustrating situation for sawmills as supply remains well below extremely hot, indeed unabated, demand. If anything, it looks like the home building and renovating season this year will be busier even than last year. While there are builders and contractors who are cancelling and delaying jobs, this reversal is doing nothing to slow housing activity. The March housing starts data comes out at ...
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