No-moat-rated West Fraser reported lackluster third-quarter results as a downturn in pricing weighed heavily on earnings. While West Fraser reaped the benefits of robust OSB pricing in the first half ...
High lumber, plywood and oriented strand board prices have cut profits for some home builders and lumberyards, but historically low interest rates have kept people lining up to buy homes in ...
LAFAYETTE PARISH — After reaching all-time high prices in 2021, the cost of lumber has dropped significantly—but it’s still not cheap. According to Trading Economics, lumber hit a record $1,711 per ...
May 2—No one's yelling "timber" on lumber prices anytime soon. Wood product prices have skyrocketed over the past year, and don't show any signs of falling. "We've seen a pretty drastic increase in ...
(WXYZ) — If you are planning to do any construction at your home, prepare for sticker shock. The National Home Builders Association says increasing prices could ...
Softening activity in residential construction is impacting demand for key inputs like lumber and OSB, sending prices lower on top of weakening volumes. With China's property sector also in serious ...
Americans are coughing up $4,600 more on average to buy their dream home than six months ago — thanks to a record run-up in prices for a once-cheap plywood substitute. Prices are on a tear for those ...
FLINT, Mich. (WJRT) - As mortgage rates continue to climb, new home demand is easing. That in turn, it is creating larger wood inventories at lumber yards. Could now be the time to consider building ...
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