Lumber prices surge

Industry News

Lumber prices jumped more than 7% on June 30 to $638 per thousand board feet, according to Markets Insider.This jump, which represented the biggest daily gain for the essential building commodity in months, comes as mortgage rates fell for the first time in four weeks, according to data from Freddie Mac. The average 30-year fixed…

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 December, price for lumber exported from Germany to U.S. decreases 9%
2024 K&B Remodeling and Construction Outlook
Home price gains slow as mortgage rates rise: Altos
Housing Market Predictions Next 5 Years 2024, 2025, 2026
Credit for Builders Remains Tight, But Tightening is Less Widespread | Eye On Housing