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This article only talks about futures markets for lumbar (in particular the July futures)... so what this means is that in a few months lumber might be cheaper
by omgJustTest 5y ago
This article only talks about futures markets for lumbar (in particular the July futures)... so what this means is that in a few months lumber might be cheaper than expected.
No direct connection is made as indicated in the title. There has been news that pre-closing processes saw a decline, but those indicators are future predictors of sales and not a direct drop in sales.
TLDR: this article is not talking about what's happening today in the housing market, just about future projections.