Lumber Prices Drop Over 40%, Yet Still 275% Higher than Pre-Pandemic Prices

• "The great lumber bubble of 2021 has popped."
• "Now, lumber futures prices are on track for their sixth consecutive weekly loss, wiping out all of their 2021 rally."
• "Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back to 1978"

Full Article:

https://www.cnbc.com/2021/06/30/lumber-prices-dive-more-than-40percent-in-june-biggest-monthly-drop-on-record.html

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