LAFAYETTE PARISH — After reaching all-time high prices in 2021, the cost of lumber has dropped significantly—but it’s still not cheap. According to Trading Economics, lumber hit a record $1,711 per ...

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 ...

For two years, Chris Carreira had a hard time keeping lumber in stock at Chace Building Supply on Washington Street. Demand for building materials skyrocketed during the pandemic and wood prices ...

Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...

When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...

Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs but ...

Lumber prices skyrocketed during the pandemic, but returned to normal levels as housing demand cooled Construction is the primary demand input for softwood lumber in the United States, making housing ...