Gold price rises for a fifth day as Brent and lumber slide

Industry News

Lumber prices continue their swift descent The price of lumber is in free-fall as inflation bites and US mortgage rate rises negatively impact demand for the commodity. Recent data showed that 54% of US home builders say that higher mortgage rates are having a detrimental effect on their business. The sharp drop in the price…

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

Articles You May Like

Building Thermal Insulation Market to hit $45 Bn by 2032, Predicts Global Market Insights Inc.
Bucking the national trend: Home prices in N.S. expected to keep increasing
Massachusetts enacted its most ambitious housing law in decades. Now the hard part is enforcing it.
Central Texas company fights pollution through reclaimed wood projects
Interest rates cool down Boston’s hot housing market