The Lumber Market - On The Brink Of All-Time Highs
Lumber prices have more than doubled since April and futures are at their highest since 1986. Originally the pandemic was expected to hurt lumber demand but the booming housing market has created unexpected demand. Due to the pandemic, Americans have spent more time in their homes over the past year. With extra time at home, homeowners have started new home improvement projects resulting in a big home remodel boom across the country. New decks, fences, and other home upgrades
