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Top News In Random Length Today - Breaking & Trending Today

Will contrarian theory prevail for lumber and panels in 2023?

Discover upcoming lumber and panel market trends heading into 2023, and the potential for the market to flip. ....

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PRICING NOTICE: Random Lengths wraps up open industry consultation, will move forward on one change to Random Lengths International price guide

PRICING NOTICE: Random Lengths wraps up open industry consultation, will move forward on one change to Random Lengths International price guide
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Lumber Prices Soaring Again

The National Association of Home Builders (NAHB) says that, after a few months of moderating lumber prices following the a rapid runup in early spring, those prices are soaring again . In a recent post on its NOW blog, the association says this is again disrupting the housing market and impacting affordability. According to the post, lumber prices have nearly tripled over the past four months, causing the price of an average new single-family home to increase by more than $18,600. The increases have also added nearly $7,300 to the market value of the average new multifamily home. This translates into a $67 per month bump in rent for a new apartment. NAHB quotes Random Lengths’ report that, as of Dec. 29, the price of framing lumber topped $1,000 per thousand board feet. This is a 167 percent increase since late August. The per home increase is based on the softwood lumber that goes into the average new home. This includes any used in structural framing (including beams, ....

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