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August 5, 2022
North American softwood lumber prices fall to a new low this year
Softwood lumber prices continued their downtrend on Wednesday, falling 5% to a new 2022 low of $495 per thousand board feet. The sell-off came as homebuilders adjust to the new reality of a housing market that is "going back to normal." North American softwood lumber prices continued their descent on Wednesday, falling as much as 5% to a new 2022 low of $495 per thousand board feet. The essential building commodity has seen a wild ride since the start of the COVID-19 pandemic, with prices peaking ...
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