Prices and Trends in the U.S. Framing Lumber Market

The NAHB regularly monitors the latest lumber and futures prices, offering insights into trends within the U.S. framing lumber market. Each week, data is collected from the Random Lengths Framing Lumber Composite, which aggregates prices from the top volume-producing regions in the U.S. and Canada. Below is a summary of other wood prices, including plywood.

According to the NAHB,

Prices and Trends in the U.S. Framing Lumber Market

Summary of the week-to-week lumber prices and plywood prices (for the week ending May 24, 2024):

  • The Random Lengths framing lumber composite price rose 1.1% from the previous week.
    • Prices are up 1.3% over the past month, but down 1.8% compared to a year ago.
  • The price of lumber futures increased 0.3% last week (up 2.7% in the past month).
  • The structural panel composite price was up 1.0% from the previous week.
    • OSB prices increased 2.8%
    • Western Fir plywood prices were flat
    • Southern Yellow Pine plywood prices rose 0.4%

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