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Log Prices Stabilize Amid Supply Concerns | Auckland News
Log prices are stabilizing with a predicted 2026 low just 5% below the past 12-month average—far less dramatic than past dips. Residential building permits surged 19% year-over-year into May 2026, ending three years of decline and signaling renewed construction momentum. Behind the stability? New Zealand’s log supply is tightening as forests recover from wind damage—salvaged wood is flooding the market now, but future availability will shrink as damaged trees regrow. This looming supply crunch could push prices higher, painting a brighter outlook despite lingering uncertainty. Listen in…
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