You Searched For "lumber price" and got 20 results
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2 mins read
Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations
"Buyers remained cautious in light of heightened lumber prices, inflation concerns, and rising mort…
Matthew Fox
1 min read
Lumber prices fall as mortgage rates hit fresh 13-year high to edge closer to 6%
"Fixed mortgage rates have increased by more than two full percentage points since the beginning of…
Brian Evans
1 min read
Lumber prices jump on a surprise rebound in new home construction last month
Housing starts jumped 12.2% last month to an annual rate of 1.575 million units, the Commerce Depar…
Brian Evans
1 min read
Lumber prices hover near recent lows as new home construction sinks and mortgage rates jump to highest since 2008
The average 30-year fixed-rate mortgage climbed 25 basis points to 5.65% for the week ended June 10…
Brian Evans
2 mins read
Lumber prices are flirting with a crucial level as mortgage rates jump above 5% for first time in years
Surging mortgage rates will only add to the barriers faced by consumers in the already restrictive …
Matthew Fox
1 min read
Lumber prices have spiked 95% in 5 weeks as supply issues arise following Canadian floods while demand stays strong
British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumb…
Carla Mozée
2 mins read
Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market
A surge in mortgage rates contributed to a decline in pending home sales last month, according to t…
Matthew Fox
2 mins read
Lumber prices are 'looking like a repeat of 2021' as housing demand remains red-hot and supply chain disruptions persist
"Being told factories are still not operating at capacity and tariffs aren't allowing solid competi…
Matthew Fox
1 min read
Lumber prices fall as US mortgage rates top 6% for the first time in 14 years
Lumber prices fell 6% on Wednesday after rallying earlier in the week amid fears that a possible ra…
Brian Evans
2 mins read
Lumber trader who warned of 'climate price' flags 4 ways to ease latest spike that's nearing record highs
Lumber prices are rallying again as housing demand remains hot and supply-chain disruptions continu…
Phil Rosen
2 mins read
Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief
The trend line for lumber prices will see a sustained 5% increase, folding in transportation and la…
Isabelle Lee
2 mins read
4 reasons why lumber prices have doubled from summer lows — and why one expert sees them normalizing again
Despite the recent spike, traders can expect lumber prices to normalize in the near term and settle…
Isabelle Lee
2 mins read
Lumber prices are up 14% in 2023 after tanking last year, and a lack of supply could fuel another surge ahead of key homebuilding season
A further rise in lumber prices would be a positive for producers, but not so much for consumers wh…
Matthew Fox
2 mins read
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
"If interest rates get to 6.5% the waters will get very choppy," a Tampa home builder told John Bur…
Matthew Fox
2 mins read
Lumber prices have risen 50% since August, and 2 experts say the resurgence will continue through early 2022
While analysts are expecting to see an uptick in 2022, they don't expect the price of lumber to soa…
Isabelle Lee
2 mins read
Lumber prices fall to a new 2022 low as housing market cools and mortgage rates approach 7%
Homebuilders like Lennar and KB Home are walking away from 19,000 residential land deals due to the…
Matthew Fox
2 mins read
Lumber prices feed into a network of seemingly unrelated goods. Here's why it might be making your milk more expensive.
There is a "dense interconnection" among scarce resources, Steven E. Rhoads once wrote in his econo…
Natasha Dailey
1 min read
Lumber prices spike above $1,000 for the first time since mid-June as hot housing market drives renewed demand
The commodity is 41% below its record high, while its up 127% from its recent low, highlighting its…
Matthew Fox
2 mins read
Why lumber prices have already bottomed, but will see upside capped at 15% over the next 2 years, according to an investing chief
"We're out of the panic buying. We're out of the massive industry shortages. We're out of the extre…
Isabelle Lee
2 mins read
These 5 beaten-down lumber stocks have strong upside into year-end as the housing boom continues, RBC says
"We think that the worst of the declines are over and that it is a good time to start getting up to…