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Solving the Lumber Crisis

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Lumber prices have been especially volatile in the wake of the COVID-19 pandemic due to increased demand and supply-side constraints. The unprecedented spikes in lumber prices have added more than $24,000 to the price of the average, new single-family home, and nearly $9,000 to the price of a multifamily home since April 17, 2020. Although the housing sector continues to lead the nation’s economic recovery, these sharp price increases threaten housing affordability for all Americans.

The escalating lumber prices are largely due to insufficient domestic production. When prices began their historic rise, NAHB reached out extensively to the Trump Administration, members of Congress and to lumber mills calling for prompt action to address supply shortages that were harming small businesses, home builders and ultimately, the overall economy.

With the new Biden Administration and Congress in place, NAHB is redoubling its efforts to develop short- and long-term solutions to the lumber crisis. NAHB Chairman Chuck Fowke recently sent a letter to President Biden urging him to consider various strategies that would increase production and boost supply.

View the letter

Latest News

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Escalation Clause for Lumber Materials NAHB recommends including an escalation clause in contracts that indicates if lumber prices increase by a certain percentage, the customer would be required to pay the extra costs.
Framing Lumber Prices
<p>View the weekly change in composite and future lumber prices for an overview of the behaviors within the U.S. framing lumber pricing market.</p>

Framing Lumber Prices

Framing Lumber Prices

View the weekly change in composite and future lumber prices for an overview of the behaviors within the U.S. framing lumber pricing market.

Learn more
Canadian Softwood Lumber
<p>The tariffs on Canadian softwood lumber are acting as a tax on American home builders and home buyers, making housing less affordable for American families.</p>

Canadian Softwood Lumber

Canadian Softwood Lumber

The tariffs on Canadian softwood lumber are acting as a tax on American home builders and home buyers, making housing less affordable for American families.

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Lumber Take Action Now
<p>Tell NAHB how lumber prices and availability are affecting your business.</p>

Share Your Experience

Share Your Experience

Tell NAHB how lumber prices and availability are affecting your business.

Open submission form
NAHB Keeps Lumber Prices in the Headlines
<p>See how NAHB is advocating for the Administration to address the impact of lumber prices in the housing sector.</p>

NAHB Keeps Lumber Prices in the Headlines

NAHB Keeps Lumber Prices in the Headlines

See how NAHB is advocating for the Administration to address the impact of lumber prices in the housing sector.

Learn more
Lumber Briefing Replay
<p>On Sept. 4, NAHB Chairman Chuck Fowke provided an update on NAHB efforts to combat rising lumber prices and supply shortages. NAHB members have exclusive access to this replay.</p>

Lumber Briefing Replay

Lumber Briefing Replay

On Sept. 4, NAHB Chairman Chuck Fowke provided an update on NAHB efforts to combat rising lumber prices and supply shortages. NAHB members have exclusive access to this replay.

Watch a replay