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May 24, 2022

N. American lumber prices fall to new 2022 low

N. American lumber prices fall to new 2022 low
   Lumber prices fell to a new 2022 low on Thursday after existing home sales showed a slowdown in April.   Lumber futures fell as much as 6% to below $700 per thousand board feet, according to data from Finviz.   Existing home sales fell for a third straight month in April to its lowest level since the start of the pandemic as supply remains constrained.    North American lumber prices fell to a new 2022 low on Thursday after existing home sales data showed a continued slowdown in the housing market.   ...

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