The Bubble Popping has had a significant effect on the housing market. Lumber prices have fallen by 70% in less than one year, an unprecedented event.
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The cost to build or improve a home has skyrocketed because of the rising lumber prices, but they are showing signs of letting up.
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After normalizing in the second half of 2021, lumber prices are skyrocketing again. Here's why.
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Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back to 1978.
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The price of the essential building material has been on a wild ride since the pandemic began. What’s behind the most recent spike?
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