Lumber prices fall dramatically as demand wanes

Industry News

New home buyers may soon see some much-needed price relief, with reports saying that the lumber market bubble has finally “burst”. Lumber prices rose to record highs during the height of the COVID-19 pandemic, adding significantly to the cost of buying a new home. But the price of lumber is now falling fast, more than…

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!
Conifex Announces Secured Revolving Credit Facility
Dow futures tick higher following relief rally By
Forest Service fails to fix glaring flaws in Nantahala-Pisgah Forest Plan
The slumped housing market reaches a critical juncture
Twin Rivers Paper finalizes lumber mill sale to supplier Groupe Lebel