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Lumber prices are falling, suggesting that a slowdown in new construction is looming over the U.S. housing market.
Lumber futures are falling again Monday, pushing the decline from Aug. 1's three-year highs to 25%. The sharp decline is ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material ...
The price of Western SPF two-by-four lumber — an industry benchmark — shot up from under $400 per thousand board feet in January 2020 to over $1,600 in May 2021.
Lumber is cheap, but building or renovating a home isn’t The price of lumber has plummeted since early in the pandemic, but other building materials are up 30% from 2019.
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.