WebJan 12, 2024 · Lumber prices fell in advance of this significant slow-down, with MarketWatch reporting in late September 2024 that prices had fallen by over 60%. Our experts at Simonson say current lumber prices (as of December 2024) are “very low;” … WebAug 30, 2024 · A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2024. Lumber prices fell 4% to a new 2024 low on Tuesday as the housing ...
TLA: US Lumber Market Stalled; High-Cost Producers Beware
WebApr 13, 2024 · As seen in Truck Logger BC: Spring 2024. BRITISH COLUMBIA – As we moved into March 2024, there were still many headwinds facing BC’s sawmilling industry. Mill curtailments, both in lumber and pulp, have become a regular occurrence since 2024-Q3 from low lumber prices, and dwindling log and by-product volumes. WebJan 19, 2024 · High lumber prices helped drive a surge in home prices in 2024, as futures soared to more than $1,700 per thousand board feet. Today, those same futures cost … shoe show wallace nc
Lumber price bubble just burst—here’s when to expect the best …
WebApr 14, 2024 · The US Bureau of Labor Statistics released Producer Price Index (PPI) data for March 2024, and according to Associated Builders and Contractors (ABC) analysis of that data, construction input price shows a 0.2% increase compared to February 2024. Although these prices are 0.9% lower than they were a year ago, they remain 39% … WebDec 21, 2024 · On December 12, lumber prices reached their lowest mark since June 2024 at $382.80 per thousand board feet. The falling demand for lumber reflects the decline in home sales. October 2024 was the ninth consecutive month of decline. The U.S. Federal Reserve announced on December 14 its seventh interest rate hike of 2024. Web22 hours ago · Even so, prices have dropped 25.2% since May 2024 and are down 15.1% over the past 12 months. Services. The price index of services inputs to residential … shoe show wake forest nc