Daily updates on the state of the timber markets, delivered straight to your inbox.

February 7, 2022

US lumber prices crashes 30% in 2 weeks

  Lumber prices have plummeted 30% over the past two weeks as the housing market cools down.  A surge in mortgage rates contributed to a decline in pending home sales last month, according to the National Association of Realtors.  Lumber is still facing supply chain disruptions after storms knocked out crucial railways in British Columbia late last year.  Lumber prices have crashed 30% over the past two weeks as rising mortgage rates help cool down the US housing market.  Lumber traded limit down multiple times last week, and was down about 5% on Tuesday ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.