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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
The prices for lumber have been volatile ever since the onset of the pandemic. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
"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.
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
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...
Lumber prices fell 6% on Wednesday after rallying earlier in the week amid fears that a possible rail strike could disrupt supplies. Lumber prices fall as US mortgage rates top 6% for the first ...
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 ...