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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 ...
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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
"As workers change jobs and adjust to the hybrid working environment, housing will likely weaken further in areas with high cost of living," LPL said.
Its departure follows other closures or sales of longtime locally owned lumber yards over the past decade, like Bremerton's Parker Lumber, which shut down in 2010 after nearly 50 years, or ...
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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...
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