Update: Lumber Prices Mostly Unchanged Year-over-year

Calculated Risk
2026.01.04 13:12
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Lumber prices have remained mostly unchanged year-over-year, with the new physically-delivered Lumber Futures contract introduced in August 2022 priced about 24% higher than the previous contract. As of January 2, 2026, the price was $534.00 per 1,000 board feet, down 1.6% from the previous year. Seasonal demand typically peaks in the first half of the year, but current prices indicate weak demand for framing lumber despite ongoing tariffs.