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 ...
Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis. Softwood lumber prices in April surged 23 ...
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 ...
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 ...
U.S. lumber futures surged Monday to their highest since August 2022, rising as much as 3.5%, after President Trump ordered the Commerce Department to investigate the U.S. national security harm posed ...
Central Ohio home prices, already at record highs, face another threat: Canadian lumber prices. Home builders and lumber dealers feared a proposed - then delayed - 25% tariff on Canadian and Mexican ...