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He identified some variations between the nice Recession and the current situation. "Lumber prices now will not be at document lows," he mentioned. The outlook is a blended bag. "Housing stays the core driver for demand for hardwood lumber," said Knol. "Remodeling is a big section for flooring and cabinet manufacturers. Sales of existing homes have fallen over the past a number of years, which is significant because homeowners sometimes rework and purchase new furniture once they purchase a hous...
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