You Searched For "lumber price bottom" and got 20 results
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2 mins read
Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 202…
Isabelle Lee
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
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
Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally as record-setting demand slows
Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.
Ethan Wu
2 mins read
Lumber prices have already bottomed - and 3 forces will drive them higher going forward, one investment head says
Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emer…
Isabelle Lee
2 mins read
Lumber prices jump after US housing starts unexpectedly soar more than 20% in May
"Limited existing inventory combined with solid demand and improving supply chains helped push sing…
Matthew Fox
2 mins read
Lumber prices have bottomed out, but are likely to stay double the historical average for at least the next 5 years, trader says
Stinson Dean expects lumber to trade above $1000 for potentially the next three to five years. The …
Emily Graffeo
2 mins read
Lumber falls 24% in 9-day losing streak, but analysts see a bottom forming for the key building commodity
"If the homebuilders' January momentum proves sustainable... many lumber suppliers could be caught …
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
2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles c…
Isabelle Lee
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
3 reasons why lumber prices could stage a late summer rally, according to Bank of America
"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large mo…
Matthew Fox
2 mins read
Lumber prices are on the rise again after a brief reprieve this summer, adding to concerns of lingering inflation
Homebuilders like KB Homes have indicated to analysts that despite lumber's spectacular rise and fa…
Matthew Fox
2 mins read
3 reasons why lumber prices will tumble 30% by year end, according to a veteran portfolio manager
Michael Gayed, a veteran portfolio manager who has long touted lumber as an indicator for the US ec…
Isabelle Lee
1 min read
Lumber prices spike as wildfires cause producers to cut output, citing 'significant' supply chain challenges
Lumber futures have jumped in recent days on mounting concerns that wildfires in Canada and the Wes…
Emily Graffeo
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
April's red-hot housing market saw nearly half of homes sell in less than a week, Zillow says
Amidst a housing shortage, Zillow found 47% of US homes were on the market for less than a week in …
Ayelet Sheffey
2 mins read
Lumber falls to a new 2022 low after homebuilder sentiment drops for the 12th month in a row
"NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming i…
Matthew Fox
10 mins read
Why does everything cost so much? Because businesses are 'hiding behind inflation to jack up prices.'
Why does everything cost so much? Because businesses are "hiding behind inflation to jack up prices…
Juliana Kaplan
2 mins read
The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says
House prices are likely to fall around 6% from their peak, but there could be steeper declines on t…