Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...
But wait, there’s more. The new tariffs have gone into effect, but the worst is yet to come. On January 1, 2026, the tariff ...
Lumber prices, which shed more than 20% in August, have continued to fall to start September, hitting their lowest price this year thanks to a glut of wood that was piled up ahead of a big increase in ...
Falling lumber prices suggest there is trouble ahead for the struggling U.S. housing market, as builders scale back new construction because of a recent inventory glut and growing economic uncertainty ...
SPOKANE VALLEY, Wash. — Local lumber manufacturers are optimistic that a new 10% tariff on Canadian lumber will help stabilize prices and revive domestic production. The tariff, implemented by the ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...