Lumber prices and supply have taken investors, contractors and consumers for a ride since 2020. Erratic inventory and construction labor shortages combined with a Canadian lumber tariff have spiked ...
Central Ohio home prices, already at record highs, face another threat: Canadian lumber prices. Home builders and lumber dealers feared a proposed - then delayed - 25% tariff on Canadian and Mexican ...
High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That ...
Can rising lumber prices create a logjam in the U.S. housing recovery? Dec. 17, 2012 — -- With lumber prices on the rise, analysts are watching whether the commodity could cause a logjam in the ...
Commodity prices have been all over the place for the last few years due to the constant economic changes, from a pandemic to soaring inflation. With fears of a global recession and many other unique ...
Get ready for a lumber surge. The homebuilding business looks like it’s ticking up again after a tricky 2022. And with it investors should see lumber prices lift as well. The latter had a brutal year ...
Lumber has seen a dramatic decline in price despite its scarcity. There is still not enough lumber to meet demands for new housing. Lumber is crucial to the U.S. because nine out of 10 new ...
Over the last month, lumber prices across the U.S. have soared once again. The price of lumber has been unstable since the beginning of the COVID-19 pandemic, drastically dipping and suddenly spiking ...
Lumber prices are down more than 20% this year but are poised to gain upward traction, experts told Insider. Futures pricing for lumber suggest demand is building up for summertime projects. Higher ...
The latest producer price index from the Labor Department came out Tuesday. Overall producer prices were up 1% in January, and they were up nearly 10% from a year earlier. But buried in the report is ...
Lumber prices fell below $800 on Monday to hit their lowest level of 2022. The 30% year-to-date decline in lumber prices comes as mortgage rates hit a 13-year high. A recent homebuilder survey ...