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Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to ...
Lumber prices, which shed more than 20% in August, have continued to fall to start September, hitting their lowest price this ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, ...
U.S. construction costs rose 2.7% in Q2 and 5.4% year-over-year, driven by higher lumber and copper prices, as tariffs and ...
Lumber is a leading industrial commodity as it is required for new homes and infrastructure building. While lumber futures are traded on the Chicago Mercantile Exchange, the contracts are often ...
With lumber prices on the rise, some analysts are watching whether the commodity could cause a logjam in the recovery of the housing market.
As lumber prices continue to drop, the price for new homes may also begin to fall, since 9 out of 10 new homes in the U.S. use wood framing, according to the National Association of Home Builders ...
Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs ...
Estimates from the National Association of Home Builders shows the surge in lumber prices between April 2020 and April 2021 has added $35,872 to the price of an average single family home.
Construction costs rose 2.7 in Q2 and 5.4 year over year, led by higher lumber and copper prices. Milwaukee tracked above ...
Lumber prices have dropped by more than 14% from a record high in early August. - Getty Images/iStockphoto Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports ...
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