Update: Framing Lumber Prices Down Year-over-year

Here is another monthly update on framing lumber prices.   Lumber prices declined from the record highs in early 2018, and are now down about 25% year-over-year. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through December 14, 2018 ( via NAHB ), and 2) CME framing futures. Click on graph for larger image in graph gallery. Right now Random Lengths prices are down 22% from a year ago, and CME futures are  down 25% year-over-year. There is a seasonal pattern for lumber prices. Prices frequently peak around May, and bottom around October ......(read more)

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