North American lumber prices not expected to drop soon
Industry experts hopeful prices could begin to decline in second half of 2021 Lumber prices in B.C. and the rest of Canada are surging and industry experts warn that it could be years before the numbers go down to pre-pandemic levels. According to the latest provincial data, prices have gone up threefold when compared to previous annual averages. As of March 12, a basic SPF (spruce, pine, fir) two-by-four cost $1,040 per thousand board feet, while the annual average in 2019 was $372, according to the Ministry of Forests ...
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