After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...

The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per ...

After peaking in spring 2021, lumber prices briefly collapsed before jumping back up to $1,400 in early 2022. Later that year, prices nose-dived to the $300-to-$400 range, and they've stuck there.

More recently, based on Random Lengths prices reported on July 01, 2022, the costs have risen to $29,407 for the softwood lumber products in an average single-family, and $10,734 for the products ...

Prices, however, still trade far below their record intraday high of $712 in August 2022. That year, the legacy lumber contract was delisted and the current smaller contract was launched.