Will Lumber Prices Go Down Anytime Soon at Evelyn Council blog

Will Lumber Prices Go Down Anytime Soon. Our experts at simonson say current lumber prices (as of december 2022) are “very low;” possibly the lowest the market will see for some. At the beginning of december, lumber prices were just a little more than $500 per thousand board feet. While the music’s going, producers are going to. Lumber futures contracts as far out as november remain above $1,000, suggesting things might not settle down anytime soon. In short, lumber prices are below peak pandemic levels, and they’ll likely stay that way. That’s about ⅓ of the peak during the pandemic. Without the insatiable demand for lumber, prices will start to drop—though it may be a while before the end consumer sees it. As we head into 2025, we can expect lumber prices to stay.

6 Smart Reasons to Put Off That Renovation as Lumber Prices Soar
from www.moneytalksnews.com

Without the insatiable demand for lumber, prices will start to drop—though it may be a while before the end consumer sees it. While the music’s going, producers are going to. At the beginning of december, lumber prices were just a little more than $500 per thousand board feet. Our experts at simonson say current lumber prices (as of december 2022) are “very low;” possibly the lowest the market will see for some. In short, lumber prices are below peak pandemic levels, and they’ll likely stay that way. That’s about ⅓ of the peak during the pandemic. As we head into 2025, we can expect lumber prices to stay. Lumber futures contracts as far out as november remain above $1,000, suggesting things might not settle down anytime soon.

6 Smart Reasons to Put Off That Renovation as Lumber Prices Soar

Will Lumber Prices Go Down Anytime Soon Without the insatiable demand for lumber, prices will start to drop—though it may be a while before the end consumer sees it. Without the insatiable demand for lumber, prices will start to drop—though it may be a while before the end consumer sees it. As we head into 2025, we can expect lumber prices to stay. Our experts at simonson say current lumber prices (as of december 2022) are “very low;” possibly the lowest the market will see for some. That’s about ⅓ of the peak during the pandemic. Lumber futures contracts as far out as november remain above $1,000, suggesting things might not settle down anytime soon. At the beginning of december, lumber prices were just a little more than $500 per thousand board feet. In short, lumber prices are below peak pandemic levels, and they’ll likely stay that way. While the music’s going, producers are going to.

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