Lumber prices falling after hitting record highs last summer

Industry News

WICHITA, Kan. (KWCH) – While the cost of nearly everything seems to be going up, lumber prices are heading in the opposite direction. The Federal Reserve reported inflation rose to a new 40-year high this week, but lumber prices have fallen after hitting record highs last summer.Chad Bryan with Southwestern Remodeling said over the past…

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

Articles You May Like

UK house price rally to end next year but no big crash expected
How re-thinking traditional building materials can lead to new strategies for carbon capture and utilization – U of T Engineering News
Housing market ‘balance’ could return in 2023, but interest rates the ‘wildcard’: Re/Max
Global housing price growth slows: BIS
‘An era gone by:’ York County Lumber Company closes to make way for I-83 widening