(Bloomberg) -- Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the US. Trump on Saturday ...
Central Ohio home prices, already at record highs, face another threat: Canadian lumber prices. Home builders and lumber dealers feared a proposed - then delayed - 25% tariff on Canadian and Mexican ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% ...
The CME’s continuous physical lumber futures contract fell 22.99% in Q2 and was down 21.24% over the first six months of 2024, closing Q2 at $450.50 per 1,000 board feet. In a July 4, 2024, Barchart ...
It has been over six months since I wrote on lumber and the iShares Global Timber & Forestry ETF (WOOD) product on Seeking Alpha. I concluded the June 6, 2024, article with the following: The ...
FOUNTAIN, CO — If you're getting an early start on making plans for those spring home improvement projects, we have some good news for you. The price of lumber is more stable now than it has been over ...
In a May 2 Barchart article on the wood futures market, I concluded: Lumber is in a bearish trend in May 2024, and the trend is always your best friend. The path of least resistance of physical lumber ...
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 ...
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