Falling lumber prices are impacting the housing market as the home-building season begins. Reports suggest a decline in lumber sales, signaling challenges in residential construction and home-improvement markets due to high borrowing costs.
Falling lumber prices are a sign that residential construction and home-improvement markets are buckling under high borrowing costs https://t.co/Ehydj5B3rv via @WSJ
Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’ - Fortune
“It’s home-building season, but no one is buying lumber” - WSJ Not surprising when you pull up charts to see what’s happening to New Home Permits (leading indicator) and labor in construction sector. https://t.co/NiVL6KbZEZ https://t.co/IB339YTMrj
Falling lumber prices are a sign that residential construction and home-improvement markets are buckling under high borrowing costs https://t.co/4gPXo3wGkI
It’s Home-Building Season, but No One Is Buying Lumber… #Lumber #Economy #Homes #Homebuilding $DHI $LEN $TOL $PHM https://t.co/yrUWWw037h
Lumber sales were one of the early signs of the housing bubble bursting back in 2006-7. https://t.co/MMZOwmscy1
“It’s Home-Building Season, but No One Is Buying Lumber - The Wall Street Journal” But hey, keep buying those stocks at all-time highs… They’re cheap at any price! https://t.co/H5QQCxq3ca
It’s Home-Building Season, but No One Is Buying Lumber - The Wall Street Journal https://t.co/dWUWMzeTjx
Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’ https://t.co/nzRwXp9pKu
1/ As home building season kicks off, falling lumber prices aren't particularly bullish for the housing market Source: WSJ https://t.co/Qmx3v03G0S