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 ...
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 are pointing to renewed weakness in the U.S. housing market, where builders are scaling back projects amid rising inventories and affordability challenges. Knewz.com has learned ...