Lumber Prices Rise as Supply Tightens, Demand Cautious

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Lumber prices in the Pacific Northwest have edged higher in early April, offering some optimism to the forest products industry despite ongoing demand weakness and prolonged winter weather. Current pricing levels remain between $400-$500 per thousand board feet, a slight increase from the previous month.

Why it matters

The lumber industry is a key economic indicator, with price fluctuations reflecting broader trends in housing, construction, and consumer spending. While the recent price uptick is a positive sign, industry experts remain cautious given persistent demand challenges and supply chain disruptions.

The details

Lumber mills in the Seattle area and across the Pacific Northwest have reported a slight increase in prices in the opening days of April, with current pricing ranging between $400-$500 per thousand board feet. This modest price rise comes despite lingering demand weakness and extended winter weather conditions that have hampered construction activity in many regions.

• Lumber prices began edging higher in early April 2026.