Falling lumber prices are sounding an alarm on Wall Street about potential problems on Main Street. Wood markets have been whipsawed of late by trade uncertainty and a deteriorating housing market.
Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis. Softwood lumber prices in April surged 23 ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...
Lumber prices have plunged this year as the peak home-building season falls flat amid subdued demand. The essential homebuilding commodity has seen futures pricing plunge 24% from its mid-March peak ...
Since October 2022, quite a few sawmill operators have taken downtime and curtailments. This is normal for the time of year, as usually lumber demand slows in winter and regular maintenance needs to ...
In a June 15, 2023, Barchart article, Lumber Could Have Found a Bottom—What’s Next? I wrote, “ I expect the decline in inflation and Fed’s pause as constructive events for the new home market. However ...
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