Driven by the continuous strong demand for actual construction projects, the benchmark timber project western SPF 2 for the week of January 21, 2021 × The price of 4 #2&btr KD (RL) was $1220 mfbm, up $50, or + 4%, from $1170 the previous week. The price that week was + 417 dollars higher than $803 a month ago.

The rise in new home starts in the United States is also unusual for this season, putting customers under pressure to order building materials they know they need for the upcoming spring construction season.



In December 2021, new residential buildings in the United States exceeded the historical trend of that year. In fact, since November 2021, the total number of new housing starts in the United States has increased by + 1.4%, with a seasonally adjusted annual growth rate of 1.702 million units. This is an increase of 2.5% over the same month a year ago, when it was 1.661 million. Meanwhile, the number of future residential building permits increased to 1.873 in December, up 9.1% from 1.717 million last month. The number of licenses in December 2021 increased by 6.7% compared with 1106000 a year ago.



Last month, the backlog of houses approved for construction but not yet started soared by + 1.1% to 270000 units, an all-time high.