Although framing lumber prices have fallen precipitously in recent months after peaking in mid-May, the overall prices of wood products used in home building continue to soar. For example, the price of softwood plywood has increased by more than 200% and oriented strand board (OSB) prices have skyrocketed nearly 500% since April 2020.
Unfortunately, lumber prices are trending higher yet again, and experts are forecasting these increases will continue throughout the fall and winter months. NAHB recently sent a letter to President Biden urging swift action to curtail this market volatility.
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Options for Industry Members
NAHB offers tools and resources to help you navigate the lumber price crisis.
Framing Lumber Prices
See an overview of weekly price changes in the framing lumber market.
Outreach to Lawmakers
See how NAHB is addressing concerns to the Biden administration and Congress.
Lumber Webinar Series
Read about NAHB's efforts through the local, national and international news media.
Share Your Experience
Tell NAHB how lumber prices and availability are affecting your business.