Lumber prices are at record lows — what that means for buyers and homebuilders
On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...
Lumber prices are nearing all-time lows but could be headed for a rebound, executive says. ‘We are extremely, extremely cheap’
After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...
Prolonged softwood lumber dispute points to what Trump’s tariffs may mean for Canada
Vancouver-based forestry analyst says, even without Donald Trump’s return to the White House, the industry consensus is that ...
Business Insider4mon
The end of lumber mania
And then there was lumber mania, when lumber prices soared to records. Once we all were cooped up in our homes, many people looked around, realized they hated their abodes, and decided it was time ...
Business Insider India2y
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
Lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market. The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.
Business Insider India1y
Lumber market must weather a 'treacherous' 2023 after last year's staggering 66% price crash as a US housing slump deepens
Lumber prices plunged 66% last year as the once red-hot US housing market faltered – and the commodity's troubles will likely continue in 2023, according to strategists. The Federal Reserve's ...