Weyerhaeuser CEO Devin Stockfish told the US media that the lumber company believes the U.S. housing market will remain strong for years ahead, even after the pandemic helped fuel a surge in homebuying. “First and foremost, it all goes back to the level of underbuilding that we’ve been doing in the U.S., really going back to the last Great Recession,” Stockfish said, referring to the industry’s historically low housing output. “When you think about normalized housing over any historical period, really coming out of ’08, ’09, 2010, we ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!