Lumber Futures

If you’ve recently priced lumber, you know pricing has gone through the roof. (Pun intended!!) We’re not really sure what’s to blame: COVID or the housing market. Either way, most dimensional lumber pricing has nearly tripled over the past six months. Pricing and shut downs at the Canadian border has made lumber hard to come by and made estimates especially challenging.

The good news is we have noticed a slight downward turn in some pricing. Treated lumber is still seriously overpriced, but #2 lumber is slowly starting to give us a break. Hopefully the trend continues as projected!

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