In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
After a year that saw record-high lumber prices and shortages nationwide, the price for lumber finally began to drop last week. ExploreLumber prices soar, but Georgia tree farmers not seeing the ...
Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber ...
Lumber futures fell as much as 3% Wednesday to $860.70 per thousand board feet. Lumber prices are trading nearly 50% below their May 10 peak of $1,711 per thousand board feet. Last week, Fed chair ...
Jun. 17—The price of lumber may have peaked last month, but local lumber yards are still facing challenges due to sharp increases throughout the COVID-19 pandemic. Prices reached about $1,500 per ...
Lumber prices closely follow changes in interest rates, impacting demand for new home construction and wood products. Weyerhaeuser Company operates as a REIT with a lumber call option attached, ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (WJW) – Lumber prices have plunged from ...
High lumber prices brought on by the pandemic have started to dip but remain elevated. Mel Evans AP Lumber prices have started to come down from historically high levels — but some experts don’t ...