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 ...
In another possible sign of housing market recovery, framing lumber prices have been rising lately and reached $347 per 1,000 board feet last week, which was the highest level since early May 2010 ...
At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction ...
My most recent Barchart article on the lumber market was in mid-August. September physical lumber futures were at the $530 per 1,000 board feet level. In that article, I wrote: Markets reflect ...
Lumber prices have experienced extreme volatility in recent years due to low liquidity and macroeconomic factors. The Chicago Mercantile Exchange introduced a new physical lumber futures contract to ...
In a June 15, 2023, Barchart article, Lumber Could Have Found a Bottom—What’s Next? I wrote, “ I expect the decline in inflation and Fed’s pause as constructive events for the new home market. However ...