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U.S. lumber prices rise modestly amid lean supply levels
Posted on June 16, 2025 |
Lumber prices rose slightly as buyers returned to sawmills amid tightening supply across the market.
The shift in sentiment moved from a “wait-and-see” stance to urgent purchasing, especially for active construction projects.
Fewer counter-offers and stronger demand for delivery signaled urgency from builders needing material.
Home building activity increased in densely populated regions like the U.S. Northeast with the arrival of summer weather.
As of May 30, 2025, benchmark softwood lumber prices hit $450 per mfbm, up 1% from the previous week and month.
Compared to last year and two years ago, prices are up 16% and 23%, respectively, showing continued upward momentum.