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/CNW/ - Housing starts exploded higher in November 2023, surging by nearly +15% to a 1.56 million unit annualized pace, the best reading since May and...

The normal seasonal slowdown for construction and building activity in autumn brings a drop in lumber prices.

B.C. lumber prices tumble from unprecedented heights From a dizzying peak of $1,611 US per thousand board feet, commodity lumber prices tumble to a still-high $760 US Author of the article: Derrick Penner Publishing date: Jul 15, 2021  •  4 hours ago  •  4 minute read  •  A dramatic drop in commodity lumber prices hasn't yet worked its way down to contractors like Chad Sayers, but they are still getting some relief in that suppliers are now willing to quote firm prices and he doesn't have to worry about them jumping higher. Photo by Francis Georgian /PNG Article content ...

Lumber prices have skyrocketed to the point that, in B.C., someone is stealing trees. We discuss the thefts, and what's driving prices up, with Keta Kosman, the publisher for Madison's Lumber Reporter, an industry price guide for lumber, and Janette Bulkan, associate professor of forestry at the University of British Columbia.

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