It’s not just the summer temperatures that are rising in Arizona, lumber prices are starting to simmer!
Across most products, we are experiencing the beginning signs of price increases. Similar to the mild Arizona June temperature increases, the lumber market is just starting to slowly trend upward.
May Housing Starts and Permits Up
- May Housing Starts and Permits experienced the the largest increase in 13 months. Builder confidence continues to increase.
- Even with current mortgage rates, new build housing starts and permits are up. Limited market resale supply is one reason for consumers turning to new builds.
Fires begin to Roar Across North America and Arizona
- Fires hinder some mills harvesting seasons.