The skyrocketing price of the Lumber market right now is adding substantial costs to the budgets of homebuilders in America, and forget about any of these costs being properly hedged. This makes existing homes more valuable because a rising tide lifts all boats from an overall market perspective, and this concept is manifesting itself quite nicely in a red-hot real estate environment presently.
We delve into the fundamentals behind the rise in lumber prices, as well as taking a more detailed look at the technicals of the lumber futures market in this financial markets-oriented video.
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