Consumers Yet to See Effects of Lumber Price Decrease

Consumers Yet to See Effects of Lumber Price Decrease

In March 2020, U.S. lumber companies scaled back production to prevent a high stock of supply. Ironically, more and more consumers turned to home renovations during the quarantine and causing demand for lumber to increase exponentially.

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AZ Big Media
https://azbigmedia.com/real-estate/commercial-real-estate/construction/lumber-prices-are-falling-but-when-will-consumers-see-savings/