Lumber Executive Says Drop in Prices has Reignited Demand for Building Projects

August 23, 2021

Article by:  Pia Singh

  • The lumber industry is now rebuilding its inventory to match renewed product demand.
  • Demand is most notably in the commercial segment and into the multifamily unit segment.
  • Current lumber prices make “absolute sense” after the industry’s recovery from pandemic-driven sell-offs in the first and second quarters of 2020.

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