Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.
Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...
16, and Truist cut its price target from $161 to $157 – investors may also see a "buy the dip" opportunity right now with BCC. Seattle-based Weyerhaeuser is another lumber giant that has ...