An analyst says the price of lumber will sink to as low as $350 by end of August. Still, the industry will continue to face headwinds, especially when it comes to labor. The price of lumber is trading at $642 per thousand board feet, roughly 62% lower from its May 7 peak. North American lumber futures are sliding after a brief pop last week, falling 21% in the last five days as the hot commodity comes down from dizzying highs. The price of lumber is trading ...
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