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Lower OSB prices reduced EBITDA by $18 million, partially offset by higher Siding sales and OSB volumes. Adjusted EBITDA was $125 million (-3% YoY), and the margin contracted to 18.4% from 19.6%.
According to the latest Consumer Price Index numbers, prices rose 6.5% from December 2021 to December 2022, which is still a slight improvement from a June 2022 surge when prices rose 9.1% YoY.
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Why are prices still so high? Corporate greed, some say. ... such as the 28-ounce bottle of all-purpose cleaner that now costs as much as $4.29, up from $2.49 not too long ago. ...
The 2000s United States housing bubble or house price boom or 2000s housing cycle [2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble , it was the impetus for the subprime mortgage crisis .
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A family that puts 20% down on a $400,000 home would pay $594 more each month now compared with the start of 2017. Even finding a home at that price is increasingly challenging.
Shares in siding and oriented strand board (OSB) company Louisiana-Pacific (NYSE: LPX) had risen by 17.1% for the week as of Friday morning. The little-followed stock is part of Warren Buffett's ...