Sticky, yes, but how sticky? So full of hand-offs is the chain of action that assembles 18,000 separate SKUs into a 2,000 square foot home – all that selling and buying and selling – it’s no wonder ...
High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That ...
Despite the Covid pandemic still stubbornly hanging on, it was the roller-coaster of material prices and lumber availability that dominated the headlines in this year’s ranking of the Top 10 Stories ...
VANCOUVER, BC, May 26, 2021 /CNW/ - Sales of new single-family houses in the US for April 2021 were at a seasonally adjusted annual rate of 863,000, according to estimates released jointly by the U.S.
Inflation is causing most consumer goods to cost more, but lumber prices are now having the opposite effect. Lumber prices are starting to go down after hitting record highs one year ago. As more ...
More Americans are turning to remodeling their homes instead of building new ones despite lower lumber costs, an industry insider noted on "Varney & Co." Friday. Bryan Jaeger, owner of Jaeger Lumber & ...
Oregon forest products companies have endured a wild stretch over the past two years, with lumber prices quintupling during the pandemic and then fading back to something close to normal. The extreme ...
Lumber prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling to record lows as higher interest rates led to a drop in U.S. residential ...
Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs but ...
Lumber prices are down more than 20% this year but are poised to gain upward traction, experts told Insider. Futures pricing for lumber suggest demand is building up for summertime projects. Higher ...