Lumber Price Outlook: US Housing Slump Means Struggles Aren't Over
Rising mortgage rates caused the US housing market to falter, leading to a significant slowdown in demand for lumber in 2022.
Source: businessinsider.com
Greg Kuta News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Greg Kuta. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Greg Kuta Today - Breaking & Trending Today
Lumber prices highest in six months due to building demand, supply challenges
Lumber futures on the Chicago Mercantile Exchange jumped 4.4 per cent to US$1,069.30 per 1,000 board feet Friday
Source: leaderpost.com
Lumber Prices Soar As British Columbia Floods Curb Shipments
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
High lumber prices making a comeback
High lumber prices are back, even as the industry steps into what is normally a seasonal lull.
Source: arkansasonline.com
Pricey lumber is back — boosted by supply cuts, labor shortage
On Tuesday, lumber futures were trading around $735.70 per 1,000 board feet in Chicago, more than double the pre-pandemic five-year average around $356.
Source: nationalmortgagenews.com