Update: Framing Lumber Prices Up Sharply Year-over-year, At Record Prices

Here is another monthly update on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs - and now prices are above the bubble highs. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through February 2018 ( via NAHB ), and 2) CME framing futures. Click on graph for larger image in graph gallery. Right now Random Lengths prices are up 25% from a year ago, and CME futures are up about 45% year-over-year. There is a seasonal pattern for lumber prices. Prices frequently peak around May, and bottom around October or November - ......(read more)

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