Lumber prices have skyrocketed more than 180% since last spring. This price spike has caused the price of an average new single-family home to increase by more than $24,000 since April 17, 2020. NAHB is working with government officials to develop solutions to these sharp price increases which threaten housing affordability across the nation.
The prices listed below provide an overview of the behaviors within the U.S. framing lumber pricing market. The information is sourced each week using the Random Lengths Framing Lumber Composite, which is comprised using prices from the highest volume-producing regions of the U.S. and Canada.