In fact, prices undercut their early-2023 lows over the past week but ... inflation-adjusted lumber prices are approaching ...

"The thing to think about is the lead time to start up a sawmill ... if lumber hadn't come down — lumber's decline has helped prices stay relatively stable over the past couple of years.

Lumber prices dropped 6% to $532.30 per thousand board feet. So far this year, prices have lost more than 50% and remain well off its all-time high of over $1,700 per thousand board feet reached ...

20, 2024 /CNW/ - The Madison's Lumber Prices Index for the week ending November ... total building permits were almost flat month over month at 1.42 million units, from 1.43 million in September ...

The rally in lumber prices came as mortgage rates fell for the first time in four weeks ... mortgage rate fell 11 basis points to 5.70% over the past week, while the average 15-year fixed mortgage ...

There is significant pent-up demand from first-time buyers and others looking ... We could see a surge in new home demand and ...

At the time, the combined firm held roughly 13. ... which weighed heavily on lumber prices. Over our 10-year forecast, we expect revenue in the wood products segment to grow at a 3.3% compound ...

Overall, lumber prices are up significantly in mid-2023 ... to forecast that U.S. housing starts will drop nearly 17% year over year in 2023, to 1.3 million, before rebounding to 1.55 million ...