Lumber prices have plunged this year as the peak home-building season ... a powerful dynamic that puts downward pressure on prices. "Last week's housing report provided confirmation for many ...

For the past year, the futures curve ... and an equilibrium is being found. He expects lumber prices to average around $900, but remain volatile. Over the next five years, he sees lumber trading ...

They've been roughly flat over the past two years, in part because of the lumber decline. "Other prices remain elevated for material costs, meaning home prices will remain elevated," Dietz said.

With lower demand, lumber prices tend to be fairly low in November. I have marked each November of the past 5 years in yellow below. Inflation has been high for both labor and equipment ...