Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …

Lumber prices are in freefall as more and more Americans are being priced out of the housing market…

"Many first-time buyers simply no longer qualify with the increase in interest rates, as their debt…

"Heading into what is the typical seasonal strength of the lumber market, a substantial buying roun…

Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, g…

Home Depot said framing lumber prices fell by 64% over the past year in the first quarter, leading …

Despite the recent spike, traders can expect lumber prices to normalize in the near term and settle…

While analysts are expecting to see an uptick in 2022, they don't expect the price of lumber to soa…

Homebuilders like KB Homes have indicated to analysts that despite lumber's spectacular rise and fa…

Michael Gayed, a veteran portfolio manager who has long touted lumber as an indicator for the US ec…

"We think that the worst of the declines are over and that it is a good time to start getting up to…

Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles c…

"We're out of the panic buying. We're out of the massive industry shortages. We're out of the extre…

Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emer…

Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.

"The losses we are seeing over recent months could soon enough bring another major buying opportuni…

As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-…

"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large mo…

Lumber prices will be volatile, but movements will vary by location in the US, according to Stuart …

By end of August and into September, the price of lumber could settle in a range between $350-$450 …