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![US lumber prices saw an increase in June due to higher housing construction](https://timber-exchange-live.s3.eu-west-3.amazonaws.com/te_prod/uploaded-by-timber-admin/news/news_64b4ebd966851_1473.jpg)
US lumber prices saw an increase in June due to higher housing construction
Posted on July 17, 2023 |
In June, the price of standard lumber grew by 7% to $436 mfbm from the previous week when it was $406.
In terms of months, prices grew by 22% from May but compared to the same week last year, price is down by 31% to $194.