Large home builders operate with scale advantages, which have allowed them to endure wild swings in costs of inputs like lumber. It’s a different story for small and midsize builders. … READ MORE >
lumber
CHART OF THE DAY: Lumber futures down 33% over past month
Lumber futures have declined 33% since May 7, which likely reflects a mix of falling demand as contractors—shaken by the 372% surge in lumber prices during the past two years—back off potential projects and the slow but steady return of supply. … READ MORE >