Tag: Lumber prices

Construction Processes, Procurement

Contractors find new ways to cope with elevated lumber prices

September 16, 2021

Via: Construction Dive

U.S. commercial and residential builders breathed a sigh of relief last month when softwood lumber prices dropped more than 30% after reaching an all-time high in May. Although prices still remain elevated, they have come down to a more manageable […]

Construction Processes, Procurement

Little Letup in U.S. and Canadian Construction Material Cost Increases

August 26, 2021

Via: ConstructConnect

The headlines are no longer screaming about steeply climbing lumber prices. The ultra-sharp gains are over and a pullback phase has settled in. A moderation in price was expected due to housing starts leveling off and home renovation projects being […]

Construction Processes, Financial

Lumber prices soar due to shutdowns, higher demand

August 21, 2020

Via: Construction Dive

Several factors have led to the price jump, according to the Wall Street Journal: An increase in residential construction including do-it-yourself projects like decks. Low mortgage rates that spurred residential construction and remodeling. The construction of outdoor seating and dining […]