PotlatchDeltic Corporation has seen declining revenues and FFO as Lumber prices have continued lower. The REIT trades at 70X FFO for 2023 and over 30X FFO for 2024. We go over one metric which still ...
A combination of factors has driven lumber prices to their highest levels since the Covid pandemic. In recent weeks, spot market prices for framing lumber were up 14.9% yearly. A combination of ...
Lumber prices have experienced a wild ride since the onset of the pandemic. But prices have mostly trended one way since March, and that is down. Indeed, the price of lumber per 1,000 board feet ...
President Trump’s 10% tariff on lumber imports takes effect today, and futures prices are continuing their recent climb from ...
FLINT, Mich. (WJRT) - As mortgage rates continue to climb, new home demand is easing. That in turn, it is creating larger wood inventories at lumber yards. Could now be the time to consider building ...
Much like the weather, politicians love to talk about affordable housing but none of them want to do anything about it. Put the Biden administration firmly in that camp. Last week, the Commerce ...
WILMINGTON, N.C. (WECT) - There’s good news for people who are starting to build a house or have plans for a summer project: lumber prices are down from the historic highs buyers saw during the ...
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