Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.

September 6, 2023

North American softwood lumber prices defy the most recent surge in mortgage rates and rise 10%

-N. American softwood lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market.

-The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.

-Homebuilders continue to see a slow-down in demand, which doesn't bode well for lumber.

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Additional Info




Billing Method
Billing Address
Checkout Now

Newsletter

Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.