Skyrocketing lumber prices in 2020 and early 2021 caused the average price of a new single-family home to increase by nearly $30,000. The latest framing lumber prices are down significantly from their peak in May, but are trending upward yet again. NAHB continues to work with government officials to develop long-term solutions to the broader supply challenges that threaten housing affordability across the nation.
The price tracker below provides 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.