Over the past few months, we’ve seen a notable correction in the U.S. lumber market. Since early March, pricing on W-SPF 2x4 random lengths has dropped nearly 25%. This is a clear signal that demand has softened across the board for this specific material.
What’s Driving the Shift?
Builders and wholesalers are pulling back on volume, and buyers are holding off on restocking until there’s more certainty in the market. Many are sitting on decent inventories and waiting to see where pricing settles before making their next move.
Where Things Stand
The market’s behaving predictably given the broader economic tone. After a firm start to the year, we’re now in a holding pattern. Housing starts have slowed, and the urgency to buy has faded—for now. That said, all eyes are on what summer will bring in terms of project activity and restocking trends.
What This Means for You
If you’re a builder:
Now’s a good time to sharpen your pencil. Material pricing is more favorable, and you may find added leverage in your negotiations if you’re sourcing for summer or fall builds.
If you’re a supplier or GC:
Stay nimble. Pricing is moving, and customer hesitation is real. But volatility also creates opportunity—especially for those ready to move quickly when conditions shift.
At Northwest Select Cedar, we’re keeping a close watch on market movement to help our partners make smart buying decisions. If you’re bidding projects or sourcing for Q3 installs, let’s connect. We’ll make sure you’re getting top-tier fiber at competitive numbers.