Framing Lumber Prices Up Sharply Year-over-year, Looks like Record Prices in 2018

Here is another update on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs - and prices finished 2017 near the bubble highs. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through December 2017 ( via NAHB ), and 2) CME framing futures. Prices in 2017 are up solidly year-over-year and will probably exceed the housing bubble highs in the Spring of 2018.  Note: CME prices hit an all time high briefly in November. Click on graph for larger image in graph gallery. Right now Random Lengths prices are up 20%......(read more)

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