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According to Random Lengths, the average price of lumber per thousand board feet on March 11 was at $1,044. An all-time high for the industry and triple the amount from two years prior. This has put a strain on construction of new houses along with the price passed on to new home buyers. ....
Softwood lumber prices in North America this summer have been hovering at levels up to 50 per cent higher than they were eight and nine years ago. But under a complex new timber royalty system set up this year by the New Brunswick government, forestry companies are paying lower royalties for wood the lumber is made from than they did back then. ....
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