Lumber Prices-Which Warned Us About Inflation Over a Year Ago-are Again Trying to Tell Us Something
Lumber Prices-Which Warned Us About Inflation Over a Year Ago-are Again Trying to Tell Us Something
Lumber prices hit a record $1,607 per thousand board feet in May 2021. Twelve months later, lumber prices have collapsed, now going for $648, a more than 50% decrease from $1,464 in March.
Fortune
https://fortune.com/2022/07/09/lumber-price-bubble-housing-market-has-inflation-peaked/