Update: Framing Lumber Future Prices Mostly Unchanged Year-over-year

Here is another monthly update on framing lumber prices.   Lumber prices declined sharply from the record highs in early 2018, and then increased until the COVID-19 crisis. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through Apr 24, 2020 ( via NAHB ), and 2) CME framing futures. Click on graph for larger image in graph gallery. Right now Random Lengths prices are unchanged from a year ago, and CME futures are down less than 1% year-over-year. There is a seasonal pattern for lumber prices, and usually prices will increase in the Spring, and......(read more)

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