REPORT: Lumber prices fall to new 2022 low

Industry News

In a May 19 report, Market Insider found that lumber prices fell to new lows in 2022 as April’s existing home sales hit the lowest level since the start of the pandemic.According to the report, lumber futures fell as much as 6% to below $700 per thousand board feet, its lowest level since November. Quoting…

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

Products You May Like

Articles You May Like

In October, price for softwood lumber imported to U.S. slips 3%
US LBM acquires Dallas-Fort Worth truss manufacturing operations of ZyTech Building Systems
Impatient homebuyers are gradually accepting the reality of the housing market: BofA
The Rise Of All-Cash Homebuyers
P.E.I. Invasive Species Council begins preparing for arrival of invasive insect