US lumber prices saw an increase in June due to higher housing construction

US lumber prices saw an increase in June due to higher housing construction

Posted on July 17, 2023   |  

In June, the price of standard lumber grew by 7% to $436 mfbm from the previous week when it was $406.

In terms of months, prices grew by 22% from May but compared to the same week last year, price is down by 31% to $194.