Lumber prices are spiraling down, unlike last year, when they had significantly moved up as supply chain issues and homebuilding demand rebounded. Now, as higher home prices and the rising cost of mortgages are affecting affordability, lumber prices are taking a U-turn.Nonetheless, Weyerhaeuser (WY Quick QuoteWY – Free Report) — a leading lumber producer and…
Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now
Join LBM Daily Premium or log in to continue reading.
Login Join Now
This article was originally published by Zacks.com. Read the original article here.
