In late February, North America construction framing dimension softwood lumber prices surpassed a threshold that industry veterans never imagined, in their wildest dreams, they would ever see. The wholesaler sales prices on benchmark softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr at US$1,012 mfbm. As mentioned at the end of last year, market conditions for softwood lumber — and indeed all building materials — have been indecipherable. Into February 2021, the momentum of U.S. home sales and house prices continue upward unabated, driving building materials costs ...
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