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

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.

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.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bay Area Housing Prices and Sales FallingIt's a paradox, but housing prices and housing sales in the Bay Area are falling. Interest rates went up. Duh… There's a limit to how far in debt people can go. Interest rates are rising and still most ppl can't afford to buy here
Source: nbcbayarea - 🏆 596. / 51 Read more »