After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...
After peaking in spring 2021, lumber prices briefly collapsed before jumping back up to $1,400 in early 2022. Later that year, prices nose-dived to the $300-to-$400 range, and they've stuck there.
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More recently, based on Random Lengths prices reported on July 01, 2022, the costs have risen to $29,407 for the softwood lumber products in an average single-family, and $10,734 for the products ...