Lumber prices dive more than 40% in June, biggest monthly drop on record. This helps ease inflation fears for now, including fears that higher homebuilder expenses makes home prices rise even faster than they have been.
Lumber futures have tanked 42% in June alone, on pace for its worst month on record dating back to 1978.
Lumber futures have tanked 42% in June alone, on pace for its worst month on record dating back to 1978.
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