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 »
- Homeseller sentiment is lukewarm as spring homebuying ramps up
- Biden set to propose $5K tax credit for first-time buyers
- Scarce inventory, falling rates could boost home prices
- Warren Buffett: ‘You want a bad number’ to get good market news
- Gary Keller says ‘right now, real estate is in a recession’
More from lumber pricesMore posts in lumber prices »
- 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
- ‘Dire days lie ahead’: The impact of COVID-19 and wildfires on housing
More from Markets & EconomyMore posts in Markets & Economy »
More from SelectMore posts in Select »
- 60-day clock begins for brokerages seeking to opt into $418M NAR deal
- Schwarzenegger, Pratt slammed for razing historic LA mansion
- Flat-fee brokerage Homie makes remarkable pivot amid upheaval
- BHGRE’s 2nd largest franchise signs 10-year contract renewal
- Tim Rodland launches new Bahamas luxury brokerage
Be First to Comment