Monday, May 6, 2019

Update: Framing Lumber Prices Down 35% 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 35% year-over-year. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through April 26, 2019 ( via NAHB ), and 2) CME framing futures. Click on graph for larger image in graph gallery. Right now Random Lengths prices are down 31% from a year ago, and CME futures are  down 40% year-over-year. There is a seasonal pattern for lumber prices, and usually prices will increase in the Spring, and peak around ......(read more)
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