The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% ...
Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...
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. But ...
In a July 19 Barchart article, I highlighted that the price of physical lumber for September delivery at $562 per 1,000 board feet was trending higher. In that piece, I discussed how lumber reflects ...
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.
Wood is the latest commodity on the chopping block. President Trump’s new tariffs on imports of wood and related products, including lumber, timber, kitchen cabinets and upholstered furniture, ...
President Donald Trump is promising to unleash the US timber industry by allowing companies to raze swaths of federally protected national forests. The order — which calls for the ramping up of the ...
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada. By Ana Swanson Reporting from Washington President Trump on Saturday ...
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 construction, which ...