Lumber prices jumped as US housing starts surge by the most in three decades

-Lumber prices jumped on Tuesday after US housing starts surged by the most in three decades. -Housing starts soared 21.7% in May to 1.63 million units, which was well ahead of economist estimates.  A surprise surge in US housing starts in May helped push lumber prices higher on Tuesday as demand for the essential building commodity enters its busiest time of the year.     US housing starts, which refers to the groundbreaking of a new home's foundation, soared 21.7% to 1.63 million units last month, which was well ...