-The complexity of the U.S. housing market continues to yield headwinds and tailwinds for lumber into 2023. -Despite extraordinary prices and demand since the onset of the pandemic, Canadian lumber exports have yet to return to pre-recession levels. -In 2023, lumber supply and demand has somewhat returned prices to pre-Pandemic levels. The complexity of the U.S. housing market continues to yield headwinds and tailwinds for lumber into 2023. Lumber made headlines in the fall of 2020 when Lumber futures, which had hovered around $400 per thousand board feet (mbf) for ...
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