One of North America's largest lumber producers said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made earlier this year amid tumbling demand and prices for ...

Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...

Remember how early in the pandemic, nearly everything home-related shot up in price? Now, with folks out and about again and interest rates high and supply chains smoothed out, those lumber prices ...

Lumber futures soared 13% on Friday as the housing market finally shows some signs of life. Pending home sales unexpectedly jumped 2.5% in December, its largest growth since October 2021. The average ...