Lumber prices see stable week after falling to normal levels

Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing. Continue reading

Knock on wood: Cost of lumber drops back to pre-pandemic levels

Lumber futures have fallen back to where they were before the pandemic ignited a boom in housing and stretched supply chains to the limit, according to data compiled by Nasdaq. Continue reading

Lumber prices sawed in half in 2nd pandemic-era plunge

The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Continue reading

Housing starts faltered in September amid supply constraints

Multifamily housing starts dipped 1.6 percent in September following a month in which the sector delivered surprising gains while single-family housing starts remained steady from the previous month. Continue reading