Lumber Futures Nosedive Along With Home Building Stocks (When The Music’s Over?)

Is the music over for housing construction and the housing bubble?

Lumber futures, a harbinger for housing, are down solidly on the year amid weaker demand.

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And US homebuilding companies relative to the S&P 500 index has been falling since 2017.

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Or are homebuilders “riders on the storm”? Or is it “The End” of the housing bubble?

 

 

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