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Are Crashing Lumber Prices Good or Bad News for Home Depot and Lowe's?

·3 min read
Are Crashing Lumber Prices Good or Bad News for Home Depot and Lowe's?
In this article:
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Lumber is vital for many of the projects that people go to Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) for. Lumber prices are crashing. Interestingly, as the price of lumber was rising, Home Depot and Lowe's were raising prices they charge customers, and so far, those higher prices have not decreased demand.