THE BASIS POINT

Homebuilder Health Alert: $369 lumber down 79% from $1733 peak, and now below pre-pandemic levels

 
 
Spiking lumber prices caused homebuilder problems during pandemic, but are now down 79% from peak, and down 8% from the same week in 2019, when the market was normal

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Update: Framing Lumber Prices Down 72% YoY, Below Pre-Pandemic Levels

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