NASDAQ:WOOD
iShares S&P Global Timber & Forestry ETF News
$84.90
+0.470 (+0.557%)
At Close: May 20, 2024
Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year
12:55pm, Friday, 27'th Jan 2023
The National Association of Realtors said it expects the median home price to increase 0.3% this year, compared to a near-10% gain in 2022.
Lumber prices are up 14% in 2023 after tanking last year, and a lack of supply could fuel another surge ahead of key homebuilding season
03:51pm, Thursday, 19'th Jan 2023
A further rise in lumber prices would be a positive for producers, but not so much for consumers who are still reeling from high levels of inflation.
Lumber falls to a new 2022 low after homebuilder sentiment drops for the 12th month in a row
03:04pm, Monday, 19'th Dec 2022
"NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming in 2024," economist Robert Dietz said.
Lumber prices hit new lows after massive pandemic spike
11:22am, Wednesday, 07'th Dec 2022
Yahoo Finance Live's Brian Sozzi breaks down the chart of the day which looks at lumber prices.
What's Driving the Fall in Lumber Prices?
05:16pm, Tuesday, 06'th Dec 2022
Lumber prices, a vital barometer of the state of the US economy, are down 60% on the year. What's the source of the pressure on lumber prices, and what can that tell investors about the outlook for th
Putting The WOOD ETF On Your Investment Radar
05:59pm, Friday, 25'th Nov 2022
Lumber futures are sleeping but holding the $400 per 1,000 board feet level. The new physical contract is trading at a premium to the old random-length contract.
Lumber prices have defied a cooling housing market to climb 26% in October, but surging mortgage rates will keep a lid on further upside
02:48pm, Thursday, 20'th Oct 2022
"At 7% interest rates I wouldn't expect lumber to do much for a while," Ashley Boeckholt of MaterialsXchange told Insider.
WOOD Is Also Running Into A Russia Problem
07:30am, Thursday, 20'th Oct 2022
We called it again with the Russia risk in timber markets back in February. Russia is retaliating against sanctions by stopping the export of Russian birch.
Lumber prices drop back to pre-pandemic levels
04:41pm, Tuesday, 27'th Sep 2022
Yahoo Finance reporter Ines Ferre looks at the price action for lumber, which is down 64% year to date.
Lumber prices have dropped by more than 60% this year, and have room to fall even further
04:15pm, Tuesday, 27'th Sep 2022
Lumber prices have dropped by more than 60% so far this year, but don't count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family homes.
Lumber Prices Plunge as Higher Rates Hit Home Buyers
02:58pm, Tuesday, 27'th Sep 2022
Lumber prices have dropped by more than 60% so far this year, but don't count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family homes.
Lumber prices fall to a new 2022 low as housing market cools and mortgage rates approach 7%
12:21pm, Tuesday, 27'th Sep 2022
Homebuilders like Lennar and KB Home are walking away from 19,000 residential land deals due to the soured outlook in the housing market.
Lumber falls after mortgage rates solidify their move above 6% amid hawkish Fed rate hikes
02:04pm, Thursday, 22'nd Sep 2022
"The lumber market continues to be in a state of overall malaise as buyers anticipate lower overall demand going forward," Sherwood Lumber told Insider.
U.S., U.K. and powerful nations get serious about protecting the forests believed vital to hitting Paris climate target
10:53pm, Wednesday, 21'st Sep 2022 MarketWatch
Backers say forest pledge from 140 countries has the potential to deliver up to 10% of the emissions cuts needed to hit the goals of the Paris climate pact.
Which Industries Are Impacted The Most By Lumber Prices?
11:24am, Wednesday, 21'st Sep 2022
The price of lumber skyrocketed in 2021 when folks spent more money on DIY home improvement projects, unable to travel and dine out. Now that the cost of lumber has decreased somewhat, let's look at t
