Day: March 10, 2025

For over a decade, the U.S. South has faced a significant sawtimber overhang, a legacy of the post-recession slowdown in housing demand. However, our latest analysis reveals a market in transition, with supply and demand moving toward balance. Harvest levels are increasing, leading to a slowdown in inventory growth for the first time since 2008. Despite pressures from rising interest rates, housing demand remains strong, while shifts in sawmill capacity from Canada to the U.S. South are reshaping regional supply dynamics. Structural market changes, combined with sustained housing demand, continue to support long-term timberland investment opportunities.