Lumber Prices Head Up Again but Without the Jet Propulsion | GlobeSt

2022-07-02 05:42:06 By : Ms. Nicky Ye

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If you were buying lumber, June 13 was a good day with spot prices and futures down to $528 per thousand board feet, the lowest they’ve been since early September 2021. But now they’ve headed back up.

If you’re in construction or development, take a deep breath because the changes aren’t like they were in April 2021, when prices broke the $1,600 mark and left construction industry professionals feeling very broke. 

Lumber Prices Head Up Again but Without the Jet Propulsion

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Cap Rates Might Finally Start to Rise Again

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More than 10,000 file comments on the measure.

Newmark report confirms industry’s ongoing bottlenecks despite record development demand.

Professionals are enthusiastic about welcoming new individuals into the commercial real estate business.

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