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Weyerhaeuser Chief Predicts Housing Growth for Years to Come

·1 min read
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  • WY

After wild up-and-down price surges due to the pandemic, Devin Stockfish, president and CEO of lumber giant Weyerhaeuser predicted that lumber will continue to moderate. The growth in the housing market has helped push Weyerhaeuser's shares upward by more than 30% over the past year. At the onset of the pandemic, lumber prices plunged.