Tuesday, August 4, 2020

Update: Framing Lumber Prices Up 81% Year-over-year

Here is another monthly update on framing lumber prices.   Lumber prices are up 81% year-over-year. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through July 31, 2020 ( via NAHB ), and 2) CME framing futures. Click on graph for larger image in graph gallery. Right now Random Lengths prices are up 81% from a year ago, and CME futures are up 60% year-over-year. There is a seasonal pattern for lumber prices, and usually prices will increase in the Spring, and peak around May, and then bottom around October or November - although there is quite a......(read more)
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