Lumber Prices Ride a Volatility Roller Coaster
Post date
September 02, 2022
Body
Mary Salmonsen, Construction Dive
After months of wild fluctuations, lumber futures fell to their lowest level in a year earlier this month, according to lumber price data from NASDAQ. They have since reversed course, and currently stand at just under $600.
This drop followed two pandemic-era price bubbles in the market, where lumber futures rose to record highs in the thousands of dollars before dropping below $500.