Prices of N. American softwood lumber surpass impossible highs

Prices of N. American softwood lumber surpass impossible highs
    There aren't many adjectives left to describe these non-stop increasing lumber prices. Customers who regularly make large-volume lumber purchases remain underbought and can no longer delay booking orders, as they wait in hopes that prices will go down.    Supply continues to be incredibly scarce. U.S. housing starts data for March 2021 has been released; activity is up significantly compared to one year ago. Indeed, permits for total housing starts are up +30% while permits for single-family starts are up +36%. This indicates there is significant upside yet ...

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