Housing 2023: Looks like the builders aren't buy lumber this year


Estimates are for the low $300's per thousand feet in 12 months so it looks like the builders aren't buy lumber this year (2023). I guess they will be building in steal lol (jk)... Below is the 5 year chart. with prices down 70% since its May 2021 peak of around $1,700 during the pandemic. 


source: tradingeconomics.com

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