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How Extreme Weather, High Home Prices Could Affect The 2025 Housing Market. National Lumber and Building Material Dealers Association President and CEO Jonathan Paine warned Wednesday that going ...
In the last six months average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third the peak in 2021. Trump has threatened to add 25% tariffs on goods from Mexico ...
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....
The tariffs could also lead to price increases in various U.S. imports from Mexico and Canada, including fruits, vegetables, beer, liquor, and electronics from Mexico and potatoes, grains, lumber, and steel from Canada. [7] [53] Price increases would compound with high inflation in the U.S., especially in grocery prices. [53]
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 ...
Economists warn that the introduction of tariffs could lead to prices rising on a wide range of products. ... 2025 at 11:33 PM ... Imports of Canadian lumber would be hit by import tariffs to the ...
February 2, 2025 at 6:37 AM. ... automobiles, electronics, toys, clothing, lumber, and beer and spirits. ... Gas prices are typically near a low for the year in February due to weak demand. If the ...
Stacks of lumber sit in front of homes under construction at a new housing development on Jan. 21, 2015, in Petaluma, Calif. ... The median price of a new home in December 2024 was $427,000 ...
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