
As we head into the fall months, lumber prices remain stable. Throughout the year the market saw swings up and down as construction increases in the summer months then softens in winter. While the swings are not volatile, additional news of impending tariffs lends concern to the future. While the prices of lumber is relatively stable, closely matching how it was in 2023, many key professionals say this is due to decreased supply. Western-SPF in Canada and Eastern-SPF purchasers voiced their supply concerns not matching the construction demand.
“In the week ending October 3, 2025 the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was $436 mfbm, which was up +$6, or +1%, from the previous week when it was $430, according to data compiled by weekly forest products industry price guide newsletter Madison’s Lumber Reporter. That week’s price was up +$11, or -3%, from one month ago when it was $425″