High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That ...

More Americans are turning to remodeling their homes instead of building new ones despite lower lumber costs, an industry insider noted on "Varney & Co." Friday. Bryan Jaeger, owner of Jaeger Lumber & ...

VANCOUVER, BC, May 26, 2021 /CNW/ - Sales of new single-family houses in the US for April 2021 were at a seasonally adjusted annual rate of 863,000, according to estimates released jointly by the U.S.

Lumber prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling to record lows as higher interest rates led to a drop in U.S. residential ...

The lumber market has taken some big hits from rising inflation and a slowdown in the housing market, with lumber prices down more than 40% in the first six months of the year. They could fall still ...

As price-takers, West Fraser and its peers see dramatic profit variations depending on the health of housing markets and overall economic conditions. West Fraser’s lumber segment accounts for over 45% ...