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Lumber prices fell as low as $780 per thousand board feet in May and are trading below $600 per thousand board feet, according to Chicago Mercantile Exchange.
After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...
What see-saw prices for wood tell us about America's economic future.
The price per thousand board feet of lumber jumped nearly 4% on Wednesday to $1,284, and is up 12% year-to-date. The move higher comes as demand for new homes remains strong and supply chain ...
As a result, lumber prices soared — from $349 per thousand board feet in April 2020 to $1,514 this May, according to the trade journal Fastmarkets Random Lengths.
Lumber prices traded below $1,000 per thousand board feet on Monday for the first time since March. Lumber futures are now down roughly 40% from a record high set on May 10.
The global demand for lumber has skyrocketed since the world went into lockdown. Consider this stat: Lumber prices have risen by 130 percent since before the COVID-19 pandemic, which makes for an ...
Prices for two-by-fours surged in May to more than twice their previous record, set three years ago when there were about 15% fewer homes being built. But wood prices have since plunged.
Homes On Wheels on MSN14d
Lumber Prices Are Sky High—Is This $100K Mobile Home the Answer?With lumber prices through the roof, affordable housing feels out of reach—but this mobile home flips the script. Under $100K and packed with quality features, it offers a real solution to inflated ...
A customer shops for lumber at a Home Depot store in Chicago, Illinois. The Labor Department reported the consumer-price index rose 25.4% in January.
Surge in lumber prices puts dream of home ownership out of reach for many Americans 01:57. The price of lumber in the U.S. has tripled during the coronavirus pandemic, adding thousands of dollars ...
The price of lumber has more than doubled during the pandemic. Now people are turning to extreme DIY for building projects. Instead of buying boards, they're buying their own sawmills.
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