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Lumber Prices Headed Higher Amid Canada-U.S. Trade Dispute

A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge less than their U.S. counterparts, explains Kevin Mason, managing...

NAHB CEO: Lumber Price Woes Will Persist

Headaches over the supply and price of North American lumber likely will persist for several years, the CEO of the National Association of Home Builders told lumberyard executives today, adding that one solution he’s working on is to promote imports from Chile...