Gold and oil recover but lumber prices keeps falling as home sales demand dries up


Lumber slumps to new 2022 low Lumber prices continue to be one of the big fallers of this market, dropping to a new low for the year as figures for US existing home sales revealed a slowdown in April. The Federal Reserve’s fight against inflation, which has stepped up a gear with the introduction of…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Canadian Building Permits Decline In December As Housing Construction Slows
‘Waiting and hoping’:What can Southern Utahns expect from the housing market in 2023?
Fed announces smallest interest hike in a year as inflation ‘eases somewhat’
Five things from the Fed rate hike that raised eyebrows
In a warming world, California’s trees keep dying