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Lumber prices volatile? Get the latest Q1 2024 lumber market update. This excerpt analyzes housing starts, mortgage rates, and key building material trends that drive the behavior of the lumber market and affects your lumber purchases.
Amidst the bustling lumber market, OSB emerges as the standout performer, captivating attention with its soaring prices. While plywood, dimensional lumber, and low-grade variants remain available but overlooked, the spotlight remains firmly on OSB. As economic indicators fluctuate, our insights shed light on navigating this dynamic landscape. With Trio’s strategic positioning in Arizona’s thriving market, seize the opportunity to secure lumber amidst nationwide challenges. Trust our expertise to negotiate and deliver premium lumber solutions tailored to your project needs.
While we’ve savored a period of price stability, the winds of change are blowing. February brought a surge in housing numbers, prompting mills to adjust their conservative supply, setting the stage for the shifts we’re witnessing today in the OSB market.