President Trump’s new tariffs on imports of wood and related products, including lumber, timber, kitchen cabinets and ...
A 10% tariff on softwood lumber and timber may be shock enough to builders, but a 25% tariff on kitchen cabinets, bathroom ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
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 prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling to record lows as higher interest rates led to a drop in U.S. residential ...
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 ...
San Diego families shopping for furniture may soon face higher prices as new tariffs on imported goods take effect, forcing ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...