Smurfit WestRock plc

International Paper

Packaging Corp of America

Weyerhaeuser

Amcor Plc

Avery Dennison

Graphic Packaging Hld

Louisiana-Pacific

Western Asset Municipal Partners Fund Inc

West Fraser Timber Co. Ltd.

Invesco MSCI Global Timber ETF

CUT tracks a market cap-weighted index of global timber companies across the entire market-cap spectrum.

Direxion Daily Homebuilders & Supplies Bull 3X Shares

iShares Global Timber & Forestry ETF

"As workers change jobs and adjust to the hybrid working environment, housing will likely weaken further in areas with high cost of living," LPL said.

Lumber prices fall 7% as new-home sales plunge to a 2-year low - and one economist sees further downside ahead

"Sales have fallen off a cliff. We're selling one-third of what we sold in March and April," a homebuilder in Austin said.

Lumber prices waver as mortgage rates cool but builder confidence craters to lowest level since start of the pandemic

The lumber market has taken some big hits from rising inflation and a slowdown in the housing market, with lumber prices down more than 40% in the first six months of the year. They could fall still further before bottoming out.

Lumber Prices Take a Big Chop as Housing Slows

Lumber plays ‘canary in the coal mine', cues downturn in commodities

After reaching record levels, lumber prices have dropped sharply. The decline may indicate the economy will weaken a great deal.

How Much Will Lumber Prices Go Down in 2022?

Lumber prices are still down 63% from their May 2021 high of $1,733 per thousand board feet, and are down 43% year-to-date.

Lumber prices surge 7% as mortgage rates fall for the first time in 4 weeks

"Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year," Freddie Mac's chief economist said.

Lumber prices fall as mortgage rates hit fresh 13-year high to edge closer to 6%

The average 30-year fixed-rate mortgage climbed 25 basis points to 5.65% for the week ended June 10, the highest level since late 2008.

Lumber prices hover near recent lows as new home construction sinks and mortgage rates jump to highest since 2008

"Some parts of town where finished homes are now taking a month to sell versus hours. Market is definitely correcting," a home builder in Texas said.

Lumber prices just hit their lowest point in 9 months as mortgage demand sinks to levels not seen in 2 decades

Fed Vice Chair Lael Brainard told CNBC it's "very hard to see the case" to pause its interest rate hikes until inflation is tamed.

Lumber prices see no relief and continue to drop as Fed rate hikes put pressure on the housing market

After rising during the first year of the pandemic, lumber prices have fallen dramatically. The Wall Street Journal is reporting that lumber futures for July delivery ended Friday at $695.10 per thousand board feet, down 52% from a high in early March.

Lumber Prices Drop After Early Pandemic Boom

"Similar to other locations, lumber remained weak," JPMorgan said in a recent channel check of home improvement stores like Home Depot and Lowes.

Lumber prices plunge 12% to new 2022 lows as wood inventories start to pile up

"It looks like more [home sales] declines are imminent in the upcoming months, and we'll likely return to the pre-pandemic home sales activity."

Lumber prices fall to new 2022 low as April existing home sales hit lowest level since the start of the pandemic

"Many first-time buyers simply no longer qualify with the increase in interest rates, as their debt-to-income ratio gets out of whack," one homebuilder said.

Lumber prices fall to their lowest level in 2022 as the highest mortgage rates in 13 years dent housing demand

Futures pricing "tells me is there's still a long-term, bullish supply-demand situation in lumber," said commodities analyst Darin Newsom.

Lumber prices have slumped as mortgage rates cool housing demand, but the commodity may bounce back up by 13% on tight supply, 2 experts say

"Buyers remained cautious in light of heightened lumber prices, inflation concerns, and rising mortgage rates," Bank of America said.

Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations

Surging mortgage rates will only add to the barriers faced by consumers in the already restrictive housing market.

Lumber prices are flirting with a crucial level as mortgage rates jump above 5% for first time in years

The average traditional 30-year fixed mortgage rate hit 4.72% on Tuesday, representing a big jump since the Fed began hiking interest rates last week.

Lumber prices fall 22% in March as housing market cools on soaring mortgage rates

Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, geopolitical tensions, and supply chain disruptions.

Lumber prices are up 29% in February as pace of economic reopening sparks new rally in global commodities

A surge in mortgage rates contributed to a decline in pending home sales last month, according to the National Association of Realtors.

Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market

Timber sector-related exchange traded funds are gaining momentum as lumber prices rebound on wet weather conditions affecting supply and a cardboard box boom adding to demand. During the past month, the iShares Global Timber & Forestry ETF (WOOD) gained 4.0% and the Invesco MSCI Global Timber ETF (CUT) rose 2.8%.

Rebounding Lumber Prices Help Lift Timber Sector ETFs

"Being told factories are still not operating at capacity and tariffs aren't allowing solid competition to provide relief," one home builder said.

Lumber prices are 'looking like a repeat of 2021' as housing demand remains red-hot and supply chain disruptions persist

Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.

Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says

Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performance on record.

Commodities Corner: Here's what's in store for the lumber market after a whirlwind 2021

Inflation and rising costs of borrowing will likely put the breaks on the housing market.

News for Invesco MSCI Global Timber ETF ETF (CUT)