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June 5, 2025

U.S. softwood lumber prices slide to lowest level since February

U.S. softwood lumber prices declined for the fourth consecutive week, with the Random Lengths composite price falling 1.3% to $442 per 1,000 board feet on May 23 — the lowest level since February, according to data from the National Association of Home Builders (NAHB). Despite a 7.1% drop over the past month, prices remain 15.7% higher than the same period last year, underscoring continued volatility in the lumber market. Lumber futures fell 0.7% on the week but remain 4.7% above last month and up 13.2% year-on-year. Structural panel prices ...

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