Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Breadcrumb caret Industry Breadcrumb caret Industry News U.S. lumber prices rise U.S. lumber prices are rising, thanks to an increase in home building. Futures contracts for the resource for a March delivery are $380 per 1,000 board ft, after nearing $400 in late December, reports ft.com. This is the highest since mid-2005, before the housing downturn. Read more. For Canada, an increase in U.S. home building […] By Wire services | January 14, 2013 | Last updated on January 14, 2013 1 min read U.S. lumber prices are rising, thanks to an increase in home building. Futures contracts for the resource for a March delivery are $380 per 1,000 board ft, after nearing $400 in late December, reports ft.com. This is the highest since mid-2005, before the housing downturn. Read more. For Canada, an increase in U.S. home building is good news for producers that export lumber, base metals, and other resources. Read: U.S. housing surge will help Canada Also read: U.S. housing boom to power B.C. exports Canada’s banks predict soft landing for housing Canada won’t see U.S.-style housing meltdown Correction in store for Canadian housing Wire services Save Stroke 1 Print Group 8 Share LI logo