Lumber prices start to level off after skyrocketing this summer Lumber prices have gone up dramatically since the pandemic disrupted the supply chain — but people are still building. Source: Google News Lumber prices startRead More →
Report: Homes selling faster, remain at summer peak prices The median listing price grew 12.2% year-over-year, to $350,000 in October. Source: LBM Journal Report: Homes selling faster, remain at summer peak pricesRead More →
NAHB: 77% of remodelers report shortage of framing lumber Of those surveyed, 25% reported a serious shortage. Source: LBM Journal NAHB: 77% of remodelers report shortage of framing lumberRead More →
14-day Trial, Quick, Essential Reading for anyone in Lumber Trade Our weekly Coles Notes version of the top-5 softwood lumber prices and conditions, additional lumber futures and timber ETF prices, plus the very latest housingRead More →
US LBM acquires Ridgefield Supply Company In addition to Ridgefield Supply, US LBM’s operating divisions in the New York tristate area include East Haven Builders Supply, Feldman Lumber, Direct Cabinet Sales, and Universal Supply. Source:Read More →
NAHB: More cuts to lumber tariffs needed The National Association of Home Builders says further cuts are needed to stabilize supply and bring down costs. Source: LBM Journal NAHB: More cuts to lumber tariffs neededRead More →
Private residential building leads October construction spending Total private residential construction spending was 14.5% higher than a year ago. Source: LBM Journal Private residential building leads October construction spendingRead More →
‘The small stuff’ is material to the bottom line Materials handlers in our yards are crucial, not only for our customers experience, but also for a couple percentage points of our cost. Let’s dig intoRead More →
Suburban shift for home construction continues Suburbs of medium-sized cities posted the greatest single-family gains in the third quarter, with a 15% growth rate over the last four quarters. Source: LBM Journal Suburban shift forRead More →
Zillow report: Housing demand will stay high for years to come There are 5.7 million “missing” households since the Great Recession. Source: LBM Journal Zillow report: Housing demand will stay high for years to comeRead More →
