Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year

Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year

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Real estate agents work an open house in West Hempstead, New York. Raychel Brightman/Newsday RM via Getty Images Lumber futures soared 13% on Friday as the housing market finally shows some signs of life. Pending home sales unexpectedly jumped 2.5% in December, its largest growth since October…

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