News

Lumber Prices Can’t Stop Falling. The Housing Market Is Struggling.

Lumber Prices Can’t Stop Falling. The Housing Market Is Struggling. | Barron’s

Lumber has the dubious honor of being among the biggest commodity price decliners this year, and the outlook for the market doesn’t look to improve anytime soon.

Random-length lumber for January delivery settled at $423.80 per 1,000 board feet on Nov. 29, down about 63% for the year.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News