Every market has deteriorated under biden/harris.
Every market has deteriorated under biden/harris.
- Housing costs
- slowdown in home renovations
- overly optimistic industry demand forecasts amid hopes for plunging interest rates and rising home sales have led lumber mills to increase supply at the worst possible moment
lumber prices will likely stagnate through year-end 2024, but in 2025
[Here's an article describing it.](https://fortune.com/2024/06/30/lumber-prices-housing-post-pandemic-double-bubble-hangover/)
1. Housing costs
2. slowdown in home renovations
3. overly optimistic industry demand forecasts amid hopes for plunging interest rates and rising home sales have led lumber mills to increase supply at the worst possible moment
>lumber prices will likely stagnate through year-end 2024, but in 2025
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