{"id":80100,"date":"2020-12-03T08:21:22","date_gmt":"2020-12-03T08:21:22","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-lumber-prices-rise-normal-seasonal-slowdown\/"},"modified":"2025-09-19T08:54:28","modified_gmt":"2025-09-19T08:54:28","slug":"us-lumber-prices-rise-normal-seasonal-slowdown","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-rise-normal-seasonal-slowdown\/","title":{"rendered":"US lumber prices on the rise again against normal seasonal slowdown"},"content":{"rendered":"<p><em>US lumber futures have rallied in November, fueled by strong home construction and remodeling activity amid the pandemic.<\/em><\/p>\n<p>Lumber prices are making an unusual late-season climb, thanks to builder-friendly autumn weather and suppliers stocking up for what they expect to be another big year for home construction,\u00a0<span id=\"more-24992\"><\/span>the Wall Street Journal (WSJ) reported.<\/p>\n<p>Lumber futures have shot up 24% so far in November, closing Thursday at $616.90 per thousand board feet. That\u2019s a lot lower than the record $1,000 hit this summer during America\u2019s pandemic-induced lumber binge. But it is nearly 90% more than the typical price for boards delivered in January.<\/p>\n<p>\u201cBy any historical standards, this is just incredibly strong pricing,\u201d said Devin Stockfish, chief executive of Weyerhaeuser Co. as quoted by WSJ.<\/p>\n<p>Wood inventories are thin throughout the lumber supply chain, while demand from builders and home remodelers remains strong, Mr. Stockfish said during an online real-estate investing conference this week.<\/p>\n<p>\u201dWe\u2019re going to see some seasonal slowdown,\u201d he said, \u201cbut our expectation is that the builders are going to continue to build as much as possible until winter weather really starts restricting building activity.\u201d<\/p>\n<p>Autumn has proven especially accommodative for builders in the South, where demand from job sites\u2014and from restocking lumber dealers and distributors\u2014has buoyed prices for southern yellow pine, according to pricing service Random Lengths.<\/p>\n<p>Single-family housing starts, a measure of home construction, climbed in October to its highest level since 2007, rising 6.4% over September to a seasonally adjusted annual rate of 1.179 million, the U.S. Census Bureau said this week.<\/p>\n<p>The boom in single-family homes has offset a decline in apartment construction and been fueled by a flight to the suburbs, where home offices and outdoor space have become work-from-home must-haves. Historically low mortgage rates are attracting buyers, while investors are building thousands of suburban houses expressly to rent.<\/p>\n<p>The National Association of Home Builders said this week that builder confidence hit its highest level since its monthly surveys began in 1985. The National Association of Home Builders\/Wells Fargo Housing Market Index combines current sales, traffic from prospective buyers and sentiment toward the next six months. The November index hit 90 on a scale of 0 to 100, in which 50 represents neutral sentiment. A year ago it was 72.<\/p>\n<p>\u201cIn 32 years, the best market I have ever seen,\u201d D.R. Horton Inc. CEO David Auld told investors last week. \u201cAnd it does feel sustainable, unlike what was a false demand in the last big upcycle.\u201d<\/p>\n<p>D.R. Horton, the country\u2019s most prolific builder, said it sold 78,458 houses during the fiscal year that ended Sept. 30, a 39% increase over the preceding year. It expects to close deals on about 20% more houses in its current fiscal year than the one that just ended. The Arlington, Texas, company said the summer\u2019s record lumber prices will bite into margins in the present quarter, during which it expects to sell smaller homes, on average, but at higher prices.<\/p>\n<p>Sales of existing homes are also good for lumber demand, and they haven\u2019t been stronger since 2006, the National Association of Realtors said Thursday. Many sellers make repairs before they list homes, while buyers often move in with renovations in mind.<\/p>\n<p>The repair and remodel market-\u2014which exploded this year when Americans were stuck at home to slow the spread of Covid-19\u2014typically accounts for about 40% of lumber consumption.<\/p>\n<p>The country\u2019s biggest home-improvement retailers, Home Depot Inc. and Lowe\u2019s Cos., this week reported comparable sales for their recently ended quarters that were up 24% and 30%, respectively. Both said lumber sales were a big boost and that overall sales to do-it-yourself customers grew faster than those to professionals.<\/p>\n<p>Lowe\u2019s CEO Marvin Ellison said Wednesday the retailer was riding a wave created by Americans\u2019 rush to redesign their homes to better suit their pandemic needs.<\/p>\n<p>\u201cThey took steps to shift their home to serve three primary purposes: a home school, a home office, and their primary location for recreation and entertainment,\u201d he said.<\/p>","protected":false},"excerpt":{"rendered":"<p>US lumber futures have rallied in November, fueled by strong home construction and remodeling activity amid the pandemic. Lumber prices are making an unusual late-season climb, thanks to builder-friendly autumn weather and suppliers stocking up for what they expect to &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-rise-normal-seasonal-slowdown\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":65018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3945,3352,3252],"class_list":["post-80100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-lumber-prices","tag-softwood","tag-us","topic-forestry","topic-industry-prices","topic-sawmilling","topic-wood-construction","area-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US lumber prices on the rise again against normal seasonal slowdown - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-rise-normal-seasonal-slowdown\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US lumber prices on the rise again against normal seasonal slowdown - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"US lumber futures have rallied in November, fueled by strong home construction and remodeling activity amid the pandemic. Lumber prices are making an unusual late-season climb, thanks to builder-friendly autumn weather and suppliers stocking up for what they expect to &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-rise-normal-seasonal-slowdown\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T08:21:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:54:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/Spruce-lumber.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"999\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"US lumber prices on the rise again against normal seasonal slowdown\",\"datePublished\":\"2020-12-03T08:21:22+00:00\",\"dateModified\":\"2025-09-19T08:54:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/\"},\"wordCount\":670,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/Spruce-lumber.jpg\",\"keywords\":[\"lumber prices\",\"softwood\",\"US\"],\"articleSection\":[\"Latest Trends\",\"Market Analysis\",\"Wood Industry Prices\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/us-lumber-prices-rise-normal-seasonal-slowdown\/\",\"name\":\"US lumber prices on the rise again against normal seasonal slowdown - 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