In an abrupt shift, however, a June 15 Bisnow post reports lumber prices dropping to the lowest level since March. The early-May record price of $1,711.20 per thousand board feet is now below $ ...
Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.
The mere threat of tariffs being tacked onto Canadian lumber imports in the U.S. is raising fears of panic buying that could roil lumber markets and prices. “A number of Canadian lumber ...
The National Association of Home Builders (NAHB) published an analysis today of how volatile lumber prices have significantly impacted home prices and rent. Since the pandemic lockdowns began in ...
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 ...