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Uncertainty Reigns in the Lumber Market

Uncertainty Reigns in the Lumber Market

Lumber Market Update: A Waiting Game

With proposed tariffs on Canadian lumber looming, the market is stuck in neutral—engines revving but waiting to see which light turns green. Buyers, sellers, and suppliers alike are in wait-and-see mode, unsure how pricing and supply will shake out.

Will costs spike? Will demand shift?

No one has the answers yet. Even if tariffs are implemented, the uncertainty won’t end. Will mills raise prices in response, or will the market remain flat due to currently weak demand? For now, we’re watching and waiting—but rest assured, we’ll keep you updated as the situation unfolds.

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2025 Lumber Market Outlook

2025 Lumber Market Outlook

Natural disasters like California wildfires and Hurricane Helene are reshaping the U.S. lumber market. While prices have stabilized recently, the demand for rebuilding materials is expected to surge, creating potential fluctuations in supply and costs. With millions of board feet needed for recovery efforts, suppliers face mounting challenges, including resource competition, transportation strain, and sustainability concerns. Now is a critical time for buyers to secure materials as the market prepares for the upcoming battle for building supplies.

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What to Expect from the Lumber Market during the Holidays

What to Expect from the Lumber Market during the Holidays

Holiday trends in the lumber market reveal slower seasonal demand but unique challenges like looming tariffs, mill closures, and slim inventories. With mills planning extended holiday downtime and tight supply heading into 2025, expect steady prices and potential buying opportunities. Discover how the lumber market is poised for a surge in demand after the new year!

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August Lumber Market Price Commentary

ACF Type: wysiwyg

Unlike other industries, the current lumber market offers some stability and our team finds this truly fascinating. 

Here’s what continues to be true:

Prices can go up, down or stay the same.

The last several years we have experienced unprecedented lumber market volatility.  2023 has brought more stability to lumber market prices as evidenced in the graphs attached. .

With all of the uncertainty in the economy, one would potentially predict extreme buyer caution and low demand to bring prices to rock bottom. Prices have adjusted but they are certainly not rock bottom and demand continues to be better than expected in both the residential and commercial sectors.

We are experiencing a conflicted lumber market that has chosen stability vs. volatility to maneuver in uncharted territory. The uncertainty is keeping mill orders to a minimum because end users are buying only what they need. Current demand does not seem to be higher than supply. Expect some mills to attempt to influence the market with curtailments and closures soon.

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    Builder confidence holds steady in residential and commercial based on housing need.