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2 mins read
Lumber prices hit a record high after soaring more than 250% in the past year
Spot lumber prices hit a record high of nearly $1,200 per thousand board feet on Tuesday after moun…
Will Daniel  Â
2 mins read
The largest employer of a Montana mountain town is shutting down, blaming housing shortages and rising cost of living
Seeley Lake, Montana, is among the western towns struggling to deal with rising costs and housing s…
Kelsey Vlamis  Â
2 mins read
Lumber prices have skyrocketed 140% over the last year, but the economy might not be able to handle further increases in 2021, a chief market technician says
Lumber's 140% gain has outpaced every other commodity significantly over the last year, and one mar…
Emily Graffeo  Â
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  Â
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  Â
1 min read
The housing market faces a shortage that won't ease for at least several years, top homebuilder CEO says
The chief executive of Beazer Homes sees a "structural deficit" in the home market that will impact…
Phil Rosen  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
2 mins read
Russia's invasion of Ukraine aggravated already-soaring lumber prices, and they're about to start seeing even bigger swings
Calls for tougher sanctions on Russia, the world's top lumber exporter, come as prices are 15% belo…
Natasha Dailey  Â
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  Â
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  Â
2 mins read
Lumber prices will fall back to pre-pandemic levels within a year amid considerable volatility, investment chief says
Lumber prices will be volatile, but movements will vary by location in the US, according to Stuart …
Isabelle Lee  Â
2 mins read
Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says
By end of August and into September, the price of lumber could settle in a range between $350-$450 …
Isabelle Lee  Â
2 mins read
Lumber prices look cheap after 65% plunge given Americans still want new houses, says Aberdeen Standard strategist
Lumber prices should be supported by the fact that the ongoing working-from-home trend is still enc…
Harry Robertson  Â
2 mins read
Lumber prices have rebounded sharply over the last 3 days after plummeting more than 50% from record highs
Commercial construction may be fueling demand this time around as the US economy makes its way to a…
Isabelle Lee  Â
1 min read
Lumber continues to skid below $900 with the commodity in free-fall from May highs
Lumber prices are now trading nearly 50% below their May 10 peak of $1,711 per thousand board feet.