Lumber pricing on the rebound

Looks like the lumber and plywood markets are trending higher. There’s a lot of reasons to back up this mindset and time will tell

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If articles are any indication of mindset, then I can tell you mindsets are all pointing one direction :chart_with_upwards_trend:

For the readers at home, here is the chart hidden behind the paywall:

If you are looking for good data, then FRED is a great resource for you. Here we can see monthly home supply rise from a historic low of 3.5% to a healthy and sustainable 6%. Do you think this inventory level can support housing prices, new building, and drive lumber prices higher.