Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.
Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts for ...
Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...
Lumber prices based on the most active futures contract have climbed by more than 7% so far in the new year, already outpacing 2024's modest 1.3% rise, according to Dow Jones Market Data.
The construction industry is anticipating years of disruption from the Los Angeles fires that could make it much harder to ...
Years of rebuilding in Southern California will create a scarcity of construction workers and materials throughout the state.
16, and Truist cut its price target from $161 to $157 – investors may also see a "buy the dip" opportunity right now with BCC. Seattle-based Weyerhaeuser is another lumber giant that has ...
In November 2024, the average price for the lumber exported from Sweden slipped 3% compared to the p ...
In November 2024, the average price for the lumber exported from Sweden to Morocco upped 4% compared ...