Tag Archives: lumber

KB Home says the Iran war is already ‘weighing on the consumer’

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The war in Iran’s impact on the housing market is emerging as KB Home reports weaker demand, lower earnings and rising uncertainty. Continue reading →

Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%

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NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada “that will provide a fair and equitable solution to all parties and eliminate tariffs altogether.” Continue reading →

Homebuilders warn they’re facing a 40% tariff on Canadian lumber

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In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70 percent of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico. Continue reading →

How union strikes like the Writers Guild of America impact real estate

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From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry. Continue reading →

After stable stretch, lumber’s roller coaster ride scales yet another hill

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Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com. Continue reading →

Homebuilding materials remain 38% costlier than normal

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Acquiring construction materials remains expensive for homebuilders, even as a reduction in demand may be relieving supply chains, according to data from the U.S. Bureau of Labor Statistics. Continue reading →

Lumber prices see stable week after falling to normal levels

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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

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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

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

How homebuilders can take the sting out of supply chain woes

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The pandemic has presented an unprecedented challenge, and multifamily leaders have been forced to adapt. Michael Zaransky outlines some ways to soften the blow of supply chain issues. Continue reading →