Lumber futures rose to a six-year high, extending a rally that is the biggest of any commodity in 2012, on mounting signs of tighter supplies as U.S. home construction rebounds.
Low housing inventory pushes lumber futures to six-year high
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
