March 2021 - Lumber prices top $1,000 for the first time as single-family housing starts drop 12%.
Lumber prices inched over $1,000 per 1,000 board feet, according to Random Length Lumber Futures for March.
That’s double the price from just three months ago.
Starts of single-family homes, which are the most desperately needed, fell 12% compared with December, according to the U.S. Census.
Learn More: https://www.cnbc.com/2021/02/18/lumber-prices-top-1000-as-single-family-housing-starts-drop-12percent.html
