Booming buyer demand, withering US lumber supplies and a tariff hike on Canadian softwood have pushed lumber prices to a pandemic high, with sales contracts closing at $950 Wednesday.
Source: Inman News
Biden tariff policy propels lumber costs back to record highs
More from home pricesMore posts in home prices »
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
More from lumber pricesMore posts in lumber prices »
- Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%
- After stable stretch, lumber’s roller coaster ride scales yet another hill
- What crash? Housing market may already be headed for a soft landing
- Lumber prices seesaw lower, and some homebuilders aren’t happy
- Prices for home construction materials dip for first time in 2021
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment