InvestorsHub Logo
Followers 38
Posts 4890
Boards Moderated 0
Alias Born 12/30/2004

Re: None

Monday, 09/14/2020 11:04:54 AM

Monday, September 14, 2020 11:04:54 AM

Post# of 113731
Good article about the rapid increase in lumber prices. Now, the huge wildfires on the west coast are also crimping the supply too. Lumber price increases have already raised the cost of a house over $16,000. This may be why home builders are mostly flat today. LEN, an industry leader, announces earnings today and I suspect they will be a big beat. That could trigger rally mode for the group again tomorrow.

https://finance.yahoo.com/news/lumber-staggering-rally-homes-selling-110023301.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.