The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation ...
On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...
Lumber prices are up 14% so far in 2023 after suffering a brutal sell-off last year. Further gains could be in store for lumber as supply shortages emerge ahead of the homebuilding season.
Lumber prices have reversed some of their March losses and crossed back above the crucial $1,000 per thousand board feet level. According to one industry executive, prices for the essential ...
Overall, lumber prices are up significantly in mid-2023, with the benchmark lumber futures contract climbing to $540 as of July 24 after hitting a high near $590 in mid-July – up from $483 back ...
Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts for ...