Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...
PotlatchDeltic Corporation is undervalued, trading at 73% of NAV, with potential for EBITDA to nearly double due to favorable lumber market conditions. Lumber supply is declining due to mill closures, ...
The price of lumber impacts many industries, from construction to transportation. When the real estate market cools down, fewer people spend money on home improvements and home construction, which ...
Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs but ...
Housing construction spiked unexpectedly in August, with 1.575 million new units started, well above the 1.445 million forecast. For investors, the situation can open up opportunities. Housing depends ...