According to Madison’s Lumber Price Index, the price of framing lumber was unchanged from the previous week. As of Aug. 7, 2026, prices held at $558.19 per 1,000 board feet. Key factors influencing prices include increased demand, rising tariffs, supply chain bottlenecks and insufficient domestic production. According to the National Association of Home Builders, changes in softwood lumber prices directly impact the price of a new home. This, along with rising wages for construction workers and higher interest rates, is one of the reasons the housing market is experiencing declining…
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