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Has lumber found a bottom?

from Seeking Alpha

In September 2015, the price of lumber found a low at $214.40 per 1,000 board feet which was the lowest price for wood since late 2011. In the days that followed the 2008 housing crisis in the U.S. that weighed on the prices of real estate and brought new construction to a halt, the price fell to a bottom of $138.50 in February 2009. more


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