Demand for new U.S. homes is at a record high, and existing homes are old and need repairs.
The price of lumber is at a 2½ year high, driven by a sawmill slowdown and more interest in home projects.
The company says that a better price for lumber is better for business.
Prices for U.S. softwood lumber have jumped since tariffs against Canadian lumber took effect last year.
'This is an avenue for even some folks with college degrees.'
When President Trump promised he’d be tough on trade, Canada wasn’t a name he threw around much. But his administration’s first big trade tax turns out to be a proposed 20 percent or so tariff on Canadian “soft lumber.” That’s pine, spruce, fir — the kind of wood used to build homes. Secretary of Commerce […]
As the housing market recovers, prices for some construction and building materials reach pre-bust highs