With its resources the US will be OK. But I doubt Europe will be able to dodge this bullet again.
Full blown depression there by end February 2025.
— Wizard of Windsor (@WizardofWindsor) November 20, 2024
Lumber prices are now 19.8% higher than they were one year ago
The framing lumber composite price increased 1.4% for the week ending on Nov. 15, marking the seventh consecutive weekly increase and reaching its highest level since August of 2023. Lumber prices are now 19.8% higher than they were one year ago.