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Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’View this interactive chart on Fortune.com The factors behind lumber’s price moves are varied and complex, but, as always, it all comes down to supply and demand. On the demand side, sky-high ...
This week has seen the highest softwood lumber prices before or after the stratospheric spikes of the pandemic. Spot market prices reached $686.72 per thousand board-feet in intraday trading on ...
Canadian lumber has been left out of Trump's tariff blitz, despite the president's repeated threats to add to import taxes to a big chunk of U.S. wood supply. Prices for two-by-fours are tumbling.
Traders have been gearing up for a 25% import tax on Canadian lumber, which fulfills about one-fourth of U.S. demand. On-the-spot prices for the spruce, pine and fir boards that homes are built ...
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