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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Wood-based panels / Global / North America
October 7, 2020

Forecast: N. American lumber, panel prices expected to remain high for several years

Forecast: N. American lumber, panel prices expected to remain high for several years

Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.

Ongoing robust demand for building products from both new housing and home renovation will be driven by the tight inventory and advanced age of existing homes for sale in the United States,

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