Constructing new timber framed houses in Echuca, Australia. (Photo by Ashley Cooper/Construction … [+] Photography/Avalon/Getty Images) Getty Images Get ready for a lumber surge. The homebuildin...
Tag: lumber
What’s next for lumber as it looks to be 2022’s worst-performing commodity
Lumber has the dubious honor of being among the biggest commodity price decliners this year, and the outlook for the market doesn’t look to improve anytime soon. Random-length lumber for January deliv...
Get Ready For Another Lumber Rally As Homebuilders Anticipate 2023 Rebound
CHICAGO, ILLINOIS – APRIL 05: Stacks of lumber are offered for sale at a home center on April 05, … [+] 2021 in Chicago, Illinois. Lumber prices have more than tripled since last April due...
Which Industries Are Impacted The Most By Lumber Prices?
| getty Key Takeaways The price of lumber impacts many industries, from construction to transportation. When the real estate market cools down, fewer people spend money on home improvements and home c...
Lumber Prices Tumble After Huge Gains in 2021
Shopping for lumber at a Home Depot in Alhambra, Calif., earlier this year Frederic J. Brown/AFP/Getty Images Text size The lumber market has taken some big hits from rising inflation and a slowdown i...
Softer Housing Sales Are Hammering Demand for Lumber
Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...
Lumber prices hammered – could softer demand of houses be the culprit?
Lumber futures are now trading below the $600 per-thousand-board-feet level, which was seen last time in November of 2021. Current lumber prices are down 60% from a peak of $1,480, seen in March, as ...
Lumber Price Gets Chopped in Half Amid Chill in Housing Markets
Motley Fool We’re Not in a Housing Bubble — but We Could Be If This Happened To say that today’s housing market is a tough one to crack would be an understatement. Based on the way t...
Lumber Prices Slump With Rising Interest Rates
Lumber prices have come crashing down in a new sign of how rising interest rates are deflating markets that boomed during the pandemic. Wood prices were a leading indicator of the supply-chain problem...
CMC Markets – Lumber Tops Out for Volatility, Again
It was a comparatively subdued start to the week across most asset classes in terms of volatility, with few stand outs. One instrument of interest however was Lumber which again found itself in the sp...
Home Depot Stock Falls With Earnings Due; Lumber Stocks Rise Amid Soaring Prices
Investors will get a look at both ends of the lumber supply chain next week as lumber prices soar. On the consumer end, Home Depot (HD) and Lowe’s (LOW) tee up to report earnings. On the product...
Lumber Surges Anew as Supplies Shrink Ahead of Building Season
(Bloomberg) — Lumber is on a tear again, bringing back the specter of increasing construction costs. Most Read from Bloomberg Lumber futures have recouped recent losses and risen by the exchange...