US housing construction and home sales push lumber prices even higher

US housing construction and home sales push lumber prices even higher
As April ended and the usual construction season starts to come on in Canada and the U.S., demand for softwood lumber remains very hot. While customers are reluctant to pay these way-beyond record-breaking prices, there is little they can do to avoid buying as ongoing building projects must be completed.    Builders and contractors are anxious to capitalize on their investments, then assess how they will proceed in the future. Demand for real estate remains extremely high, so those who paid high prices for lumber are simply passing on those costs to the end ...

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