{"id":87530,"date":"2024-05-02T05:47:57","date_gmt":"2024-05-02T05:47:57","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/north-american-lumber-prices-in-a-downward-spiral\/"},"modified":"2025-09-19T09:01:57","modified_gmt":"2025-09-19T09:01:57","slug":"north-american-lumber-prices-in-a-downward-spiral","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/north-american-lumber-prices-in-a-downward-spiral\/","title":{"rendered":"North American lumber prices in a downward spiral"},"content":{"rendered":"

Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are plummeting.<\/span><\/p>\n

Lumber is trading at around $500 per thousand board feet (mfbm) on the futures market at the end of April. In mid-March, lumber was still trading at just over USD 620.<\/p>\n

That's a drop in the price of lumber by around 20 percent in just a few weeks. The last time there were similar low wood prices on the futures market was in November last year.<\/p>\n

The main reason for the price drop is the further deterioration in demand in the real estate sector in North America, which is extremely important for lumber. The most important trend indicator on the physical lumber market is also pointing steeply downwards.<\/p>\n

Lumber prices even fell to $408 per 1,000 mfbm. This is a decrease of -$44, or -10%, compared to the previous week when the price was $452.<\/p>\n

Buyers are largely holding back in the hope of further price corrections. At the same time, sawmills reported a large availability of wood stocks, it continues.<\/p>\n

At the same time, the sawmills' order backlogs have shrunk again. Buyer hesitancy has been significantly compounded by the decline in recent data on single-family housing starts and permits.<\/p>\n

Rising mortgage rates and plummeting housing starts<\/strong><\/p>\n

The decline in U.S. housing starts in March represents the largest decline in overall housing starts since the pandemic began in April 2020. Housing investment did recover in the second half of 2023 after declining for nine consecutive quarters, the longest such period since the housing market collapse in 2006.<\/p>\n

Total U.S. housing starts were 1.321 million in March 2024, a decrease of -14.7% from 1.549 million units in February and a decrease of -4.3% compared to the same point in 2023, when it 1.380 million units were.<\/p>\n

Builders are grappling with the changing interest rate outlook , as higher interest rates weigh on demand and drive up the cost of capital. According to the outlook from the largest US mortgage bank Freddie Macs, the forecasts for US real estate prices suddenly look very different than they did a month ago.<\/p>\n

A series of unexpectedly high inflation figures at the beginning of the year dashed hopes that the Fed would cut interest rates soon. This led to a steady rise in US bond yields and mortgage rates.<\/p>\n

In mid-April, Fed Chairman Jerome Powell confirmed market fears by saying interest rates would remain at their current levels \"for as long as necessary\" due to the robust labor market and the progress still needed on inflation.<\/p>\n

The 30-year fixed-rate mortgage rose to over 7%, Freddie Macs announced.<\/p>","protected":false},"excerpt":{"rendered":"

Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are plummeting. Lumber is trading at around $500 per thousand board feet (mfbm) on the futures market at the end of … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nNorth American lumber prices in a downward spiral - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/north-american-lumber-prices-in-a-downward-spiral\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"North American lumber prices in a downward spiral - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are plummeting. Lumber is trading at around $500 per thousand board feet (mfbm) on the futures market at the end of … Continue reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/north-american-lumber-prices-in-a-downward-spiral\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-02T05:47:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T09:01:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"744\" \/>\n\t<meta property=\"og:image:height\" content=\"446\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"North American lumber prices in a downward spiral\",\"datePublished\":\"2024-05-02T05:47:57+00:00\",\"dateModified\":\"2025-09-19T09:01:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/\"},\"wordCount\":437,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg\",\"articleSection\":[\"Latest Trends\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/\",\"name\":\"North American lumber prices in a downward spiral - Timber Industry News\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg\",\"datePublished\":\"2024-05-02T05:47:57+00:00\",\"dateModified\":\"2025-09-19T09:01:57+00:00\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg\",\"width\":744,\"height\":446},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"name\":\"Timber Industry News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.timberindustrynews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro-RO\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\",\"name\":\"Timber Industry News\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"width\":150,\"height\":57,\"caption\":\"Timber Industry News\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\",\"name\":\"GWMI Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"caption\":\"GWMI Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"North American lumber prices in a downward spiral - Timber Industry News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.timberindustrynews.com\/ro\/north-american-lumber-prices-in-a-downward-spiral\/","og_locale":"ro_RO","og_type":"article","og_title":"North American lumber prices in a downward spiral - Timber Industry News","og_description":"Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are plummeting. Lumber is trading at around $500 per thousand board feet (mfbm) on the futures market at the end of … Continue reading →","og_url":"https:\/\/www.timberindustrynews.com\/ro\/north-american-lumber-prices-in-a-downward-spiral\/","og_site_name":"Timber Industry News","article_published_time":"2024-05-02T05:47:57+00:00","article_modified_time":"2025-09-19T09:01:57+00:00","og_image":[{"width":744,"height":446,"url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg","type":"image\/jpeg"}],"author":"GWMI Admin","twitter_card":"summary_large_image","twitter_misc":{"Scris de":"GWMI Admin","Timp estimat pentru citire":"2 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#article","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/"},"author":{"name":"GWMI Admin","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff"},"headline":"North American lumber prices in a downward spiral","datePublished":"2024-05-02T05:47:57+00:00","dateModified":"2025-09-19T09:01:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/"},"wordCount":437,"commentCount":0,"publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg","articleSection":["Latest Trends"],"inLanguage":"ro-RO","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/","url":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/","name":"North American lumber prices in a downward spiral - Timber Industry News","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg","datePublished":"2024-05-02T05:47:57+00:00","dateModified":"2025-09-19T09:01:57+00:00","inLanguage":"ro-RO","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/"]}]},{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/north-american-lumber-prices-in-a-downward-spiral\/#primaryimage","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber-1-42.jpeg","width":744,"height":446},{"@type":"WebSite","@id":"https:\/\/www.timberindustrynews.com\/#website","url":"https:\/\/www.timberindustrynews.com\/","name":"\u0218tiri din industria lemnului","description":"","publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.timberindustrynews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro-RO"},{"@type":"Organization","@id":"https:\/\/www.timberindustrynews.com\/#organization","name":"\u0218tiri din industria lemnului","url":"https:\/\/www.timberindustrynews.com\/","logo":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","width":150,"height":57,"caption":"Timber Industry News"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff","name":"GWMI Admin","image":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","caption":"GWMI Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/87530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/comments?post=87530"}],"version-history":[{"count":0,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/87530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media\/83726"}],"wp:attachment":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media?parent=87530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/categories?post=87530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/tags?post=87530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}