CNW/ - The Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%, or +$14, from the previous ...
Lumber price have probably found a bottom at current levels, but will remain higher than average for the next few years, a lumber trader told Insider. Stinson Dean, CEO and founder of Deacon ...
After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...
Madison's Lumber Prices Index and US Housing Starts (CNW ... falling back again soon if mortgage rates remain around their current levels," said Oliver Allen, senior US economist at Pantheon ...
Lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market. The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.
On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...
Madison's Lumber Prices Index and US Housing Starts (CNW Group/Madison's Lumber Reporter) "Relatively high inventory of new homes for sale suggests that single-family construction probably will ...
Lumber is a critical industrial commodity ... above $1,700 and $1.400 per 1,000 board feet, around triple the current price level. Illiquid markets tend to explode during bullish trends as ...
GreenFirst Forest Products (TSE:GFP) has released an update. GreenFirst Forest Products is ramping up its strategic capital expenditure plan to ...
Lumber prices have reached record highs in Japan ... may weather the difficult times by maintaining home prices at the current level because they do not want to be stuck with unsold homes.” ...
And then there was lumber mania, when lumber prices soared to records. Once we all were cooped up in our homes, many people looked around, realized they hated their abodes, and decided it was time ...