We Are Teetering on the Edge - What is Next for Lumber Prices in 2026...
Video Overview & Insights
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The world has changed a lot over the past year and the lumber markets are no different. There are tariffs and trade wars, a decline in Canadian lumber, closures of mills in both the US and Canada, and curtailments across the industry. Then we have corporate consolidation, forest fires and the stagnant housing market. All of these things contribute to both the supply of lumber and the demand for lumber and therefore impact the price of lumber. So where are lumber prices heading in 2026? Check out the video to see my take on where things are headed.
#lumberprices #economics #economy
Housing boom? Americans can only afford to move into vans and RVs. Eat the Rich!
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American Houses are aging, look at Europe or most other countries! Of course houses are aging, without natural disasters destroying homes, itās natural for them to age.
Contact: dave@diywithdave.com
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PVC boards are now the preferred materials
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I bought lumber now to build a house because long term lumber will soar in price. Lumber is going to decrease in quantity and price will go up. Then house prices will go up across the board. This will happen across the next 5 years or so. That's been my experience as a builder for some time now. This is all long term investing. Get it while you can and pay your build job in cash and than wait.
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You're wasting your time with these politicians they are liars and they don't care about anybody but themselves these liberals are destroying Canada and how we just sit there and watch the people that you pay their salary destroy your world.
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Bummer dudes. Bet you wish people hadn't voted the Orange Assolini into office now. Stupid. Stupid. Stupid.
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I wonder if this guy is capable of a video that isn't crying the sky is falling. I get needing getting something to drive views, but this guy takes it to an extreme with every video. See ya chicken little
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You make great videos sir very well produced.
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I wish you would spend more time looking at the graphs you put up while speaking. Most of the time its not up long enough to read it.
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The metric comversion is a bigger deal for storage and shipping.
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A couple of small points. The management regime for SPF from the Pacific Northwest, the Us north eastern areas and all of Canada are substantially longer than 20 to 25 years. Also approximately 50% or more of US Southern pine has historically been pressure treated. Relatively little of which is used for housing. Not sure what impact this has on your conclusions.
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Bro no offense your videos used to be interesting when you actually talked about wood and building. but it really feels like now you just post engagement bait about lumber pricing almost exclusively. Unfollowed sadly. Learned a lot from you in the past.
Please note that some of the links above are affiliate links and at no additional cost to you I may earn a commission. Know that I only recommend products and tools that Iāve personally used and/or believe are genuinely helpful, not because of the modest commission I may receive should you decide to purchase one of them. Most of all, I would never advocate for buying something that you canāt afford or do not need.
the Fed Guy is why thereās no building so donāt quote him,,,he thinks is funny rapping everybody with these fake Inflated rates,,,and doesnāt give a crap about how or if weāre hurtingā¦.The interest rate controls everything in this world if itās high it shuts everybody down when he goes low everything boomsā¦facts !!!
More User Perspectives
F all wood companies that thought it was cool charging us $7.50 a 2x4 F those greedy a holesā¦lol trust me the store selling 2x4 at 3.25 now are still making money,,,so when it was at 7.50 they were just ripping everybody off,,,and Laughing about itā¦ The reason why thereās no building is because of the 7% interest rates..Nobody with any brains is buying or Building so thatās why the word companies are crying againā¦
@davidb7699Today Congress nixed Canadian tariffs but it is too late since now Canada has found new markets as you mentioned.
@randallbaker4293So in other words, Trump is an idiot
@michaelchownyk5255The older the home is, the better quality of wood its built from. Remodel rather than build if the structure is good.
@MrAlicakesLet me get this straight...if prices are at parity between the US and Canada, the Canadian companies can't compete. So, the Canadian tariffs were propping up their inefficient lumber industry at the expense of their US competitors as exposed by equalized tarrrifs? I'm supposed to feel bad that the more efficient US companies are doing better than the weak Canadian companies? Yeah...I don't.
@nickminneti825We'll be lucky if we're all not out of work and in a depression with the way things are going. Yeah people keep saying it's going to get better but it also could very well get worse.
@jefferybyard8429Thanks for drawing attention to this. I have been in the Canadian Lumber industry for 35 years. I have 2 edits for you... the age to regrow our softwoods is 90 years minimum. Also, as far as I know, mills aren't re-tooling to metric. They are just shutting down after loosing millions and millions. This is having a devastating impact on towns and families.
@jamiekinch188Littlehats are rubbing their rat hands right now
@atatatatatatatatatatatat-s2fThe lumber markets were just fine before COVID. Then when prices shot up to record highs they got so use to those prices that when the prices went back down to where they should be they feel like they cant make it and that their only choice is to close down. So of course they want to be able to drain more money from consumers because why jot, everyone else in the world does!
@mattburns2968THEY will jack them !
@rs-bi8yfHow about the 20 and 30 year old that can't afford to buy a house .
@cliffordreed766A great deal of new homes are built by immigrant labor that is both experienced and willing to do blue collar construction work. Trump's disastrous policy on immigrant labor definitely has an adverse effect on this important home construction factor.
@deltasquared7777The ELVES are mad, bro!
@gloriosatierraTariffs on softwood lumber by Trump will collapse the US housing industry by mid 2026 !
@mrgolf67I live in southern Utah and building here is booming!
@bobmartin6055what about the corp control of markets???
@timkahn2813If you look how many houses are for sale and days on market, how is there a housing shortage? I think it's a housing affordability post covid - rather than amount of houses. There are lots more people on the fence of selling as well.
@Kevin-me3wyGood so Iāll buy the bulk blowout shut downs lol thx for info
@FellowCanuckYour first graph showing 2x4 and orb prices has no the left different prices(Pries)than on the right. What's up? Am I missing something?
@loco4doggThe reason lumber didn't go up and mills are closing is because of housing. The US got 2x4s from Canada and the economy being so bad drove down demand for 2x4s. The tariffs would have raised prices if they were only on lumber, and during a regular economy. But because the tariffs affect all sectors and drive down an already bad economy, they drive prices down instead. If you buy FAR out lumber futures now you may be able to make a ton of money once the economy recovers.
@excitedboxUS mills should be doing an incredible boom business since thee is no tariff applied to domestic products. Anyone who says otherwise is lying to you. That doesnāt mean whole sellers arenāt manipulating prices heaven knows weāve seen that many times.
@davedavis662Building cost are at a all time high, lumber prices may be down but that hasn't transferred to the building cost that I have seen.
@barm9687Don't forget a lot of people are getting deported, which will free up a lot of housing
@vivhall6198Hey Dave, four of the five largest lumber companies in the united states are four of the five largest lumber companies in canada. sounds suspicious...
@jmueller200Lumber is only a small part of a new build. Copper prices are going through the roof, so is steel in a lesser way. A housing boom is unlikely.
@rteune2416How do you make marx carney meow?
Freeze him solid and run him through a sawmillā¦ cdn or āmurican.
Ol DIY Dave there works for Homo Depot so you have to read between the lines, In Idaho where it only rains 12.5 inches a year can grow timber in 15 to 20 years big enough to harvest We don't need Canada and that's all he talks about. He is obviously a Canadian, Just saying. We need to get back into the woods and take care of it and quit burning our forget to the ground.
@JakeGorbetGet ready folks , we are being guided to a depression. Thereās a purposely made plan to do this so the ultra rich can buy up everything and make us all slaves to them. Sounds crazy I know but they will buy up farms , homes , stocks and you will have to rent everything
@hillbilly21960People think the economy is booming because the current clown lies and says it is. They look at wall street and see its booming and think the clown must be right. Not realizing the market is propped up with buy backs from the major players in that very market. At some point.. its gonna come crashing down.
@xxxbadapplePrice leveled but they never went back to normal. Energy Prices?? seriously gas is an all time low in past 5 years..... and that makes big difference in the lumbar industry.
@Liam-ql7trPeople can just build homes out of recycled cardboard.
@BlankBrainNo worries we will have AI, no need for lumber. Ai replaces everything.
@maxe.1204The situation of the market is not organic. It's my belief that Washington has made this inflation on purpose. Tariffs and taxes are all to take as much money away from the public as they can. It's not a secret that the government wants to move towards digital IDs and currency. What do you think that's going to do to the market? It's all to destroy our economy. This way they can introduce more control.
@shermangriffin4668Theyāre too consumed with greed. The current lumber is garbage. If you are a woodworker you know how hard it is to make something thatās special. If youāve ever hand planed old growth boards you canāt believe how well the plane glides across the wood and leaves a glass smooth finish. The plane almost works itself. You can chisel a mortise in record time and without the wood breaking apart in little chunks. They need to plan further into the future when growing lumber. The present lumber shrinks so much homes are ending up with callbacks all the time. The remodeling industry is just going to get bigger because of the amount of homes aging and the need will increase requiring a better class of lumber.
@davidt8438Itās booming in Florida
@marvinthomas9688