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Timber! Lumber prices are falling hard
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[quote:Anonymous Coward 80021691:MV81MTU3Mjg0Xzk0NzE0ODg1XzJEOUUxM0FG] i work construction all building supplies are still sky high in michigan im at the lumber yards and lowes menards home depot constantly everything is sky high or out of stock still [/quote]
Original Message
Lumber dealers have experienced a seesaw of emotions over the past couple of years.
During the pandemic, supply chain issues and a rise in home projects caused lumber prices to skyrocket.
But a shifting macroeconomic environment has left many dealers stumped, per WSJ, with lumber futures dropping 52% since early March.
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