What are the current lumber prices in Texas?
The statewide average mixed hardwood saw- timber price was $30.98 per ton, up 1% from last period and down 16% from the price a year ago. The statewide average hardwood pulpwood price was $6.70 per ton, down 12% from last period and down 34% from the price a year ago.
Will lumber prices go down in Texas?
Tim-berrr! The price of lumber is going down after setting an all-time record in May 2021. HOUSTON — The bubble has burst!
Will timber prices go up in 2021?
The building commodity is down more than 18% in 2021, headed for the first negative first half since 2015. At their peak on May 7, lumber prices hit an all-time high of $1,670.50 per thousand board feet on a closing basis, which was more than six times higher than their pandemic low in April 2020.
Are lumber prices expected to drop?
The price of lumber may be crashing—but we’re still far above pre-pandemic levels. The cash price is still up 211% from spring 2020. The consensus among industry insiders Fortune has interviewed over the past few weeks is that prices could drop to $600 per thousand board feet before the end of the year.
Why is lumber still so expensive?
Wood products prices typically fluctuate more than most goods, because homebuilding can move up or down much faster than sawmill capacity can. Lumber and plywood prices are so high now because of the short-run dynamics of demand and supply. Wood demand shot up in the summer of pandemic.
What is causing lumber prices to go up?
The construction-grade softwood-lumber market saw wild price swings over the past year, driven in part by the pandemic. Demand for new homes and thus framing lumber like pine two-by-fours have surged.
Which is the best Lumber Company in Houston?
Bayou City Lumber offers the best, most competitive prices on lumber and timber in the Houston area. Our company stays on top of industry trends which can dictate inventory prices.
What’s the average price for wood in Texas?
Thus, the average price reported is the average price paid per unit of wood, NOT per average timber sale. A complete current issue of the Texas Timber Price Trends is available in PDF format below as well as annual and other summaries.
Where to buy pressure treated lumber in Houston?
People looking to purchase pressure treated lumber in Houston can visit Bayou City Lumber. We have an 8.5 acre lumber yard just off of Telephone Rd. that features a vast selection of both treated and untreated lumber.
Is there a lumber company in Fort Worth?
Fort Worth Lumber is so much more than just lumber. Besides providing our customer with quality lumber and skylights our sister company Fort Worth Sash and Door can help you with all of your other construction needs. our customers, the best leading products out there on the market today.