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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
After encountering rapid price increases for more than two years, discounts at some stores would certainly feel like a much-needed respite. Falling prices may sound good, but deflation can be ...
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The 2020s commodities boom refers to the rise of many commodity prices in the early 2020s following the COVID-19 pandemic.The COVID-19 recession initially made commodity prices drop, but lockdowns, supply chain bottlenecks, and dovish monetary policy limited supply and created excess demand causing a commodity super cycle rise.
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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 ...
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