It’s Home-Building Season, but No One Is Buying Lumber
June 30, 2024 at 09:45 AM EDT
Lumber prices have tumbled into building season, a sign that residential construction and home-improvement markets are buckling under high borrowing costs. The price of two-by-fours, which skyrocketed during the pandemic, is a reliable leading indicator for the housing market. Lately it is flashing … Source