In March 2022, the price of lumber was around $1,460. Today, on January 10, 2022, prices are hovering under $400 per board foot at around $378.00
Lumber prices hit their lowest level since June 2020 on Monday as the housing market continues to slow. High mortgage rates have helped slow down home sales and lead to slight home price declines. Home builder confidence fell for an 11th straight month in November to its lowest level in a decade.
Call The Hardwood Guys today for a free estimate, serving the Woodstock, Kennesaw, Alpharetta, and Marietta areas.
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