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Lumber Prices in 2020 and 2021 Set Record Highs Even When Adjusted for Inflation

By February 4, 2022Industry News
The price data for softwood lumber for framing is generally quoted using the Random Lengths Framing Lumber Composite Price (FLCP) or lumber futures price — neither of which adjusts for inflation. Although the historical price differences are smaller in real terms than nominal, the inflation-adjusted price of lumber set records in both 2020 and 2021.