What’s behind Skyrocketing Lumber Prices?

The lumber market in 2021 continues to reach new highs that were unthinkable just a few years ago. Historically, lumber traded in the $200 to $400 per thousand board feet (mbf). However, since 2018, supply and demand factors have caused unprecedented volatility and soaring prices.

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Photo Credits: Unsplash/Dominik Scythe

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