The New Paper

April 16, 2021

Lumber prices reach record levels

Lumber prices reached a record high of $1,260 yesterday, extending a period of historic growth over the last year. Lumber prices are ~4x higher than the same period last year, driven by a combination of factors including increasing demand for homes and renovations and supply chain issues.
This story is from the April 16, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.