US framing lumber prices hold steady at nine-month low as supply tightens
U.S. framing lumber prices remained flat last week, holding at $422 per 1,000 board feet on July 4, according to the National Association of Home Builders (NAHB). This marks the lowest level since October 2024, despite continued pressure on supply and demand dynamics in the construction sector. Although lumber prices have fallen 3.7% over the past month, they remain 15.3% higher than the same week a year ago. Futures prices were down 2.8% week-over-week, but still 36% higher year-on-year, reflecting persistent market volatility. Production and imports fall to multiyear ...
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