Central Ohio home prices, already at record highs, face another threat: Canadian lumber prices. Home builders and lumber dealers feared a proposed - then delayed - 25% tariff on Canadian and Mexican ...

Developers are bracing for tariffs on imported steel and Canadian lumber. Some contractors are being told to order what they need now before prices go up. Steel prices are already fluctuating before ...

Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing. “It’s getting really interesting out there isn’t it ...

President Donald Trump's plan to impose a 25% tariff on goods from Canada and Mexico triggered warnings from several trade groups that such a move would drive up the cost of housing, given that a ...

The number one material used to make most homes is lumber. “Anything that is a structural number in our homes is predominantly manufactured out of wood,” said David Lemnah, President of Lokal Homes.

Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...

We embarked on a big remodeling project in early 2021, just as lumber prices soared to all-time highs. Suddenly, 2x4s were selling for $16, when just a year before they were less than $4. Luckily we ...

Shopping for a new home? Ready to renovate your kitchen or install a new deck? You’ll be paying more to do so. The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some ...

(WJW) – The lumber bubble has started to pop. After skyrocketing to record highs in May, futures for July delivery dropped more than 40%. July futures were trading Tuesday at $967, compared to a peak ...

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 ...