The week-to-week framing lumber composite price was unchanged on January 10. This is after climbing 0.5% the week prior. Lumber prices are now sitting 8.5% 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 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.
According to NAHB, the summary of the week-to-week lumber prices and plywood prices for the week ending on Jan. 10, 2025 includes:
- The Random Lengths framing lumber composite price was unchanged.
- Prices are 8.5% above where they were one year ago.
- The price of lumber futures increased 2.2%.
- Prices are up 2.6% from a month ago and 0.8% below where they were one year ago.
- The structural panel composite price was down 2.8% compared to the previous week.
- OSB prices were down 6.5%.
- Western Fir plywood prices were down 0.1%.
- Southern Yellow Pine (SYP) plywood prices were down 0.3%.
