Lumber has been climbing since late 2015. The latest push higher took it to the highest price since 1996. New homes and rebuilding destroyed homes fueled the rally. The Administration’s tax plan ...
Lumber futures can be a wild ride. Rising price and rising open interest - a bullish sign for the price of wood. Low interest rates are bullish for lumber. The Fed will remain quiet - stability after ...
Lumber was selling at around $550 per thousand board feet as of Nov. 10, according to Business Insider data. Those fluctuations have left lumber yards and homebuilders navigating whether to increase ...
A combination of factors has driven lumber prices to their highest levels since the Covid pandemic. In recent weeks, spot market prices for framing lumber were up 14.9% yearly. A combination of ...
Lumber prices hit their lowest level since June 2020 on Monday as the housing market continues to slow. High mortgage rates have helped slow down home sales and lead to slight home price declines.
Lumber futures are down more than 70% from a peak in March. The Russia-Ukraine war continues to create supply chain bottlenecks. Get the strategy to turn September’s volatility into 10x trades → The ...
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