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 »
- Is fall the new spring? Market winds may be shifting, NAR says
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- How the growing buyer power shift is reshaping the real estate market
- Lenders getting a jump on higher 2026 conforming loan limits
- These are the states where homeowners will benefit most — and least — from new SALT cap
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 »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment