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HOMZ - Seeing The Wood For The Trees: Timber Performance After COVID
Hoya Capital Housing
The onset of the pandemic triggered widespread business closures - and lumber mills were not spared.
While the lumber price surge has meant higher costs for the end consumer, it’s been a boon for the other end of the supply chain.
If housing and construction demand should stay on its trajectory and the lumber industry continues its scramble to address supply shortages, upward pressure on lumber prices could persist.