Tariffs that were meant to protect domestic producers are now ricocheting through the home improvement sector, helping to ...
Rising housing costs have started to feel less abstract and more personal as buyers watch price sheets shift before a ...
Lumber prices have dropped by more than 60% so far this year, but don’t count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family homes. “Home ...
Homebuilders are not out of the woods just yet despite lumber prices plunging off historic highs and into negative territory for the year. Random length lumber futures traded at CME Group on Tuesday ...
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 ...
An analyst says the price of lumber will sink to as low as $350 by end of August. Still, the industry will continue to face headwinds, especially when it comes to labor. The price of lumber is trading ...
They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in ...