Lumber prices are signaling that the nascent housing boom is fizzling, despite home builders’ push to keep residential construction going through the coronavirus crisis. Lumber futures have plummeted of late and mills are dramatically dialing back production. On Monday, lumber futures for May delivery fell 4.8% to close at $296.50 per 1,000… down 37% from a recent high of $468.30 hit Feb. 20. …KB Home told investors last week that although the company planned to keep working… it would take longer to complete them operating under social-distancing guidelines. …Pledges to keep building have failed to instill confidence in the forestry sector. …“Mill sales were minuscule, as buyers refused to cover more than their most essential needs until they had a better handle on the impact of the pandemic,” Random Lengths wrote Friday. “Speculative buying seized up.” …On the bright side, there is strong demand for pulp. [a WSJ subscription is required to access the full story]