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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 ...
In just one year, the price of lumber has increased a whopping 377%. A boom in home renovations, combined with an increase in disposable income stemming from the coronavirus pandemic, caused ...
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
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 ...
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...
Shares of both Home Depot and Lowe’s are down over 10% in the last month. Lumber deflation. ... As one expert told the firm, most products are "never going [to] pre-Covid prices again."
With lumber prices going into free fall lately after soaring to record highs just a few months ago, at least one prominent American business executive has a simple explanation: It's all a matter of...
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