The week-to-week framing lumber composite price increased 1.8% on Feb. 28, 2025, rising to $461 per 1,000 board feet. Lumber prices are now 14.4% higher than they were one year ago.
Each week the National Association of Home Builders (NAHB) sources information using the Random Lengths framing lumber composite price, comprised using prices from the highest volume-producing regions of the U.S. and Canada, to give professionals access to the latest on lumber prices and future prices, providing an overview of the behaviors within the United States framing lumber market.
According to NAHB, the following bullet point are part of the summary of the week-to-week lumber prices and plywood prices for the week ending on Feb. 28, 2025:
- The Random Lengths framing lumber composite price increased 1.8% (+14.4% YoY). Â
- The price of lumber futures was decreased 0.8% (+11.5% YoY).
- Prices are up 7.3% from a month ago.Â
- The structural panel composite price was up 0.4% compared to the previous week.
- OSB prices were down 0.5%..
- Western Fir plywood prices were flat.
- Southern Yellow Pine (SYP) plywood prices were up 0.9%.
