If you are in the Multi-family or building materials space, you’ve likely noticed the market shifting lately. While prices seem to be cooling off, the underlying data tells a much more complex story. For developers and designers alike, understanding these nuances is key to project profitability.

CME Lumber futures are currently hovering around $597.50 USD/MBF. We’ve seen a recent pullback to a four-week low, which might look like a breather, but experienced builders recognize it as a strategic “buy zone” to lock in costs for Q2 and Q3 projects. View Live Data

Despite hopes for a major break, Canadian S-P-F (Spruce-Pine-Fir) imports are still navigating the maze of Anti-Dumping and Countervailing Duties (AD/CVD). Recent administrative reviews show that trade tension isn’t going away anytime soon, making strategic sourcing more important than ever.

Don’t let the short-term price drop fool you. Major mills have been cutting capacity across North America. If housing demand spikes later this year, we could see a classic supply-demand squeeze that sends prices back into a volatile range.

Are you seeing this price dip as an opportunity to stock up, or are you holding off due to high interest rates? At Zasi Cabinetry, we are constantly monitoring these metrics to ensure the best value for our partners.

Drop a comment below—we’d love to hear how your team is hedging for the rest of 2026.