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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
Lumber prices took another dip, falling by more than 50% over the past few months. However, CNBC reported that homeowners, homebuilders and homebuyers hoping to renovate aren't seeing any savings
Lumber has been having quite the moment as of late. The ordinarily quiet commodity market has been the center of attention since a booming housing market and supply strain disruptions lead to an...
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Analysts say higher interest rates are driving down wood costs, slowing new home sales and having an impact on new construction. Lumber prices drop as interest rates rise, home sales slow Skip to ...
The prospect of a cooling housing market tied to higher mortgage rates and ongoing supply-chain issues has sent the price of lumber tumbling from the lofty heights it hit last month. See: Housing
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But in 2021 lumber prices skyrocketed, from $300 to more than $1,600 per 1,000 board feet, ... like Bremerton's Parker Lumber, which shut down in 2010 after nearly 50 years, or Kingston Lumber ...