Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...
Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing. “It’s getting really interesting out there isn’t it ...
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...
Lumber has been having quite the moment as of late. The ordinarily quiet commodity market has been the center of attention since a booming housing market and supply strain disruptions lead to an ...
The price of U.S. lumber has come down slightly after Donald Trump announced last week that the sweeping tariffs imposed on Canada and Mexico a couple of days before would be suspended on most goods ...
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