Builders 'pulling back' amid housing market uncertainty despite falling lumber prices: Industry insider

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The owner of Jaeger Lumber & Supply Co. in New Jersey, Bryan Jaeger, provided insight into trends he has been noticing as the price of lumber has dropped.

during a live report that spec builders, who often take on projects that are speculative in nature, "have already started to pull back and they were pulling back in March when prices were peaking."

The lumber market has taken some big hits due to rising inflation, which sits at a new four-decade high, and a slowdown in the housing market. , according to new Commerce Department data released on Tuesday. That's below Refinitiv economists' forecast for a pace of 1.559 million units.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 458. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Feds missed the mark because they don’t know what they are doing. The only know corruption. Right Nancy !!

The January6thHearing yessersarday (sorry, hard word) was horrifying. I will not vote Republican again until they move off this dangerous and unpatriotic path.

Two things unrelated to one another. Try again.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings – Market Updates Bitcoin NewsBitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. Limited time offer! 👉 MATICSHOW46 Hold everyone, HOLD‼️‼️‼️‼️‼️ Time to sell bitcoin dinosaur 🦖
Herkunft: BTCTN - 🏆 531. / 51 Weiterlesen »