The Wild Ride of Lumber: A Market to Watch

If Noah had to build his ark today, he'd be in for a shock. Over the course of the past several months, lumber prices have been on a wild ride. Since the beginning of April, lumber prices more than tripled and then fell abruptly at the end of last week. The rise in price was likely driven by a spike in demand from the renovation and new home markets as well as the forest fires in the West and... READ MORE