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Lumber Market On Edge:  What Customers Need to Know

Lumber Market On Edge: What Customers Need to Know

Lumber prices are at their lowest levels in months—but that may not last. With new trade duties on the horizon and possible mill shutdowns already underway, supply could tighten fast. In this market update, we break down what’s happening, what’s coming, and why now is a smart time to buy if you’ve got upcoming jobs. Don’t wait until prices spike—get ahead of the curve with Trio’s insights.

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Lumber Tariffs Update

Lumber Tariffs Update

Tariff shifts, Canadian exemptions, and supply chain woes shake the lumber market. Find out how it impacts prices, housing, and builder plans.

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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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June 2023: Lumber Market Starts to Sizzle

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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.