Update: Framing Lumber Prices Down 57% YoY, Below Pre-Pandemic Levels

By May 8, 202311 views

Here is another monthly update on framing lumber prices.

This graph shows CME random length framing futures through May 8th.

Lumber is currently at $356 per 1000 board feet.

This is down from the peak of $1,733, and down 57% from $827 a year ago.

Prices are below the pre-pandemic levels of around $400.

Click on graph for larger image.

There is somewhat of a seasonal demand for lumber, and lumber prices usually peak in April or May.

We didn’t see a significant runup in prices this Spring due to the housing slowdown.

Comments

11 hours ago0

11 hours ago0

11 hours ago0

21 hours ago0