Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis. Softwood lumber prices in April surged 23 ...

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 ...

Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...

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 ...

Volatile lumber prices are causing uncertainty for construction businesses. In April 2025, the price of softwood lumber was 23% higher than the previous year. Lumber futures in Q1 2025 surged on fears ...

Wood is the latest commodity on the chopping block. President Trump’s new tariffs on imports of wood and related products, including lumber, timber, kitchen cabinets and upholstered furniture, ...

Maine is one of the major producers of timber and forest products — a University of Maine study estimated that pre-pandemic, Maine's industry was tied to 32,000 jobs . But since the pandemic, demand ...