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 ...
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% ...
Nearby physical lumber futures settled 2025 at $576 per 1,000 board feet, posting a 4.63% gain for the year that ended on December 31, 2025. I asked whether lumber futures would wait until spring to ...
Volatile lumber prices are causing uncertainty for construction businesses. In April 2025, the price of softwood lumber was 23% higher than the previous year. Lumber futures in Q1 2025 surged on fears ...
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 ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
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 ...
Another day, another tariff announcement from the White House. This time, it’s a 10% import tax on softwood lumber and timber. It’ll go into effect mid-October, at the same time as the 25% tariffs ...