The framing lumber composite price decreased 2.0% for the week ending on Dec. 13. Despite the decline, lumber prices are 12.8% higher than they were one year ago.
NAHB continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the U.S. framing lumber market. The information is sourced each week using the Random Lengths framing lumber composite price which is comprised using prices from the highest volume-producing regions of the U.S. and Canada. A summary of other wood prices, including plywood prices, is included below.
Prices and Trends in the U.S. Framing Lumber Market
Summary of the week-to-week lumber prices and plywood prices for the week ending Dec. 13, 2024:
- The Random Lengths framing lumber composite price decreased 2.0%.
- Prices are 3.6% lower than last month, but 12.8% above where they were one year ago.
- The price of lumber futures dropped 5.0%.
- Prices are up 5.3% from a month ago and level with where they were one year ago.Â
- The structural panel composite price was down 1.8% compared to the previous week.
- OSB prices were down 2.1%.
- Western Fir plywood prices were flat.
- Southern Yellow Pine plywood prices were down 1.4%.
