Shares just hit a new two-year low and have a 100% “Sell” opinion from Barchart. ・UFPI stock is trading below all of its key ...
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 ...
LAFAYETTE PARISH — After reaching all-time high prices in 2021, the cost of lumber has dropped significantly—but it’s still not cheap. According to Trading Economics, lumber hit a record $1,711 per ...
A combination of factors has driven lumber prices to their highest levels since the Covid pandemic. In recent weeks, spot market prices for framing lumber were up 14.9% yearly. A combination of ...
During the pandemic when low mortgage rates dropped to 3% and prompted a strong demand for building, the framing lumber ...
Wall Street is getting jumpy over falling lumber prices, which may be signaling trouble ahead for the housing market and the broader economy. Lumber futures have plunged 24% since August's three-year ...