Prices and Trends in the U.S. Framing Lumber Market Released

With updated trends recently released, the week-to-week framing lumber composite price increased 1.2% on Feb. 7, 2025. Lumber prices are now 13.2% higher compared to one year ago.

The National Association of Home Builders (NAHB) continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the United States 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.

According to NAHB’s most recent report,

Summary of the week-to-week lumber prices and plywood prices for the week ending on Feb. 7, 2025:

  • The Random Lengths framing lumber composite price decreased 1.2% (+13.2% YoY).  
  • The price of lumber futures was unchanged (+7.1% YoY).
    • Prices are up 6.9% from a month ago. 
  • The structural panel composite price was up 3.1% compared to the previous week.
    • OSB prices were up 6.4%.
    • Western Fir plywood prices were up 0.1%.
    • Southern Yellow Pine (SYP) plywood prices were up 2.4%.

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