3 Best Lumber Stocks For The Home Improvement And Home Building Boom
Is it too late to consider lumber stocks? Nosiree. Lumber prices have boomed over the past two years for a number of reasons, but in large part due to homeowners trekking to home improvement stores for DIY projects over the pandemic. Home improvement spending ratcheted up 3% to $420 billion in 2020, according to a study by Harvard University’s Joint Center for Housing Studies (JCHS). Lumber prices continue to rise to a fever pitch in 2022 — yes, even after the price of lumber tumbled in 2021. Q4 2021 hedge fund letters, conferences and more What gives? According to the National Association of ...