Lumber Futures Rise, Housing Completion Crisis???

Lumber Futures Rise, Housing Completion Crisis???

Lumber futures rising on news of deferral and tariffs. The backlog of incomplete houses cpuld flood the market causing a new housing downturn.

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https://www.cnbc.com/2021/11/17/us-housing-starts-unexpectedly-fall-in-october-building-permits-increase.html

https://mishtalk.com/economics/housing-starts-unexpectedly-decline-in-october-on-top-of-negative-revisions

Canadian Lumber Producers to Expand U.S. Mills Amid Home Boom https://www.bloomberg.com/news/articles/2021-05-06/world-s-top-lumber-firm-to-expand-u-s-mill-capacity-amid-boom

https://www.bloomberg.com/news/articles/2021-11-04/u-s-trade-spat-with-canada-on-trees-adds-to-wild-lumber-swings

https://energeticcity.ca/2021/11/03/harvest-deferral-could-threaten-18000-b-c-jobs-cofi/

https://yieldpro.com/2021/11/multifamily-housing-construction-activity-rises-in-october/

LumberFuturesRise,

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