Lumber hits 2022 low as reality sets in that housing market 'back to normal' - Markets Insider

"The last couple years are just going to be an outlier as far as [home] pricing goes," LGI Homes CEO Eric Lipar said.

Lumber prices continued their descent on Wednesday, falling as much as 5% to a new 2022 low of $495 per thousand board feet. The essential building commodity has seen a wild ride since the start of … [+2353 chars]

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