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Update: Framing Lumber Prices Up 75% Year-over-year

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Here is another monthly update on framing lumber prices.  

This graph shows CME random length framing futures through January 10th.

Lumber was at $1,160 per 1000 board feet this morning.  
This is down from a peak of $1,733, but up $515 from a year ago.

Click on graph for larger image in graph gallery.

Lumber price are up 75% year-over-year.
A combination of strong demand and various supply constraints have pushed up the price of lumber again.

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