Lumber prices going up in your area!

[remagenman]

I got back from Home Depot after not having to build anything major since last summer and was taken back by the crazy jump in framing lumber material cost!

I have a spreadsheet on my computer from when I built my shed in the summer of 2019 with lumber costs:

-2x4x8 stud was $2.64, now its $5.75!

-3/8 OSB plywood sheet was $7.52, now its $29.83!

Damn, I'm just glad my shed and the old ladies she-shed were built before covid because apparently its to blame for everything now, I guess.

ps, I'm in the PNW were we have trees galore!

Home Depot lumber guy said it was because the mills were shutdown but I'm sure thats the marketing department talking. I thought lumber mills were mostly machines doing all the work anyhow?

 

[PCustoms]

How much did they charge for the rock you've been living under?



Dozens of threads about increased lumber costs over the past year....

Just grabbed some maple drawer stock this morning. 2x4 still $6.** around here

 

[ace10]

Wait. So you're saying that lumber is expensive?

 

[remagenman]

I dont spend every waking minute on this forum and visit it every once in awhile with some thought that just popped into my head and didnt bother to properly scan every posting first. My bad, you internet forum gods.

 

[Crazyjake8493]

Prices are as high they've been since early summer 2020, maybe gone up slightly in the last few months. I bought 7/16 OSB at the end of 2019 for $8.65 a sheet. Summer 2020 they were $28, and right now they're $31.05 a sheet. If people keep buying it at those prices it'll never go back down.

 

[MushCreek]

Hey, this stuff doesn't grow on trees, ya know!

 

[bob15]

They've been super high for about a year now.....

 

[karoc]

I got back from Home Depot after not having to build anything major since last summer and was taken back by the crazy jump in framing lumber material cost!

I have a spreadsheet on my computer from when I built my shed in the summer of 2019 with lumber costs:

-2x4x8 stud was $2.64, now its $5.75!

-3/8 OSB plywood sheet was $7.52, now its $29.83!

Damn, I'm just glad my shed and the old ladies she-shed were built before covid because apparently its to blame for everything now, I guess.

ps, I'm in the PNW were we have trees galore!

Home Depot lumber guy said it was because the mills were shutdown but I'm sure thats the marketing department talking. I thought lumber mills were mostly machines doing all the work anyhow?

I

Like you I also have lived a shelter life when it comes to cost building materials. I'm stuck in early 80's when I built my house and knew cost, but over yrs built many projects so kinda had ideal of cost for material.
But nothing like what is going on now, really getting into cost because I am wanting to retire and move. But I need a place to go, so started looking at cost bout yr ago. Then few months later reading all post here on GJ on cost material keeps going up. I would shop prices again and they are up and up. With the price going up I can no longer get a company to build my home/shop cause its just out of reach. So I sure hope that once I get started maybe prices will stabilized or go down.

 

[cos]

Hello I live in the heart of Doug Fir country. Bought a #2 10' 2x4 it was 10.99. 6.6 bdf comes out $1665 dollars thousand. I worked in timber industry, normally if log prices were $500 thousand light framing lumber would be about the same (because of overun) this is just nuts.. Will wait until 2007 again when contractors want to work instead driving around in new 70 thousand trucks throwing out crazy bids.

 

[wrenchguy]

Hello I live in the heart of Doug Fir country. Bought a #2 10' 2x4 it was 10.99. 6.6 bdf comes out $1665 dollars thousand. I worked in timber industry, normally if log prices were $500 thousand light framing lumber would be about the same (because of overun) this is just nuts.. Will wait until 2007 again when contractors want to work instead driving around in new 70 thousand trucks throwing out crazy bids.

This.

 

[quadrcr87]

We landed on the moon!

 

[dcg9381]

Wanna cry? Here's a graph of framing lumber commodity prices:
https://www.nahb.org/news-and-economics/housing-economics/National-Statistics/Framing-Lumber-Prices

It's not just lumber, steel is up something like 60% this year. Part of it is driven by the construction industry that hasn't really slowed down, so we've had supply issues and the demand has risen.

Concrete... Same thing.


I'm seeing 20-30% price swings in silicon chips and associated materials for electronics. A few of us think that massive inflation is inevitable - the government has been printing and giving away money, both administrations have been running huge deficits...

Stuff will go down if we have a recession that impacts the construction industry, but that doesn't seem likely short term.

 

[nadogail]

Until people stop buying lumber at high prices, IMHO, no merchant will voluntarily lower their prices.

 

[Legion Prime]

Until people stop buying lumber at high prices, IMHO, no merchant will voluntarily lower their prices.

Of COURSE they will, the second their costs drop they'll be in a race to drop their prices to gain market share.

 

[Showkey]

No merchant or retailer can lower their price until the supplier or manufacturer lowers there’s. If demand changes and supply levels rise then the price goes down. No different than gasoline, propane, milk, cheese, gold, copper, stocks or any other market.

 

[ericm]

I predict steel and lumber prices will peak about the time I get the permit for my shop and start construction.

 

[nadogail]

I predict steel and lumber prices will peak about the time I get the permit for my shop and start construction.

You may be correct, If the prices go down consider yourself lucky.

 

[dogdog]

last I check two days ago 2x4x10 went up another $1 from $9.50 to $10.50

 

[ddurrett896]

My Home Depot has lumber stacked to the ceiling with no available space and trucks still coming on. Hope this is a sign we’re at a peak.

 

[dcg9381]

I predict steel and lumber prices will peak about the time I get the permit for my shop and start construction.

Maybe, but probably won't dip (much) until recession.. Long term, building doesn't get cheaper - so you'll be fine.

 

[TriumphFan]

I was going to say no more wood projects for me but I just remembered I promised the wife she would get a gazebo this year. Darn...

 

[Jackfre]

He to buy some 3x3” and 2x2” steel today for a workbench table base. Steel prices are up 50% since the first of the years. This happened in 16 too.

 

[rburke65]

Prices are ridiculous. Sure glad I built my shop in 2012

 

[dogdog]

Upward of $56 per sheet of 4x8 woe

 

[Jay H 237]

He to buy some 3x3” and 2x2” steel today for a workbench table base. Steel prices are up 50% since the first of the years. This happened in 16 too.

Yup, not just lumber. A roll of 12-2 romex at Home Depot was $60 just over a month ago, now it was 102 this week

 

[Crazyjake8493]

Still going up here. 7/16 OSB is $36.65 a sheet now. It was $31.50 just 2-3 weeks ago. Absolutely ridiculous.

 

[Dave Nelson]

Our new house was framed by end of last March, I asked the builder what would be the increase in materials in today's prices for same house, he said around $20,000.

 

[reader2580]

My brother is currently finishing his house he started building in July 2019. I can't imagine how much more the house would cost with today's lumber prices. Nearly all of the lumber was bought before the pandemic. I swear the house must have over 500 sheets of OSB in it. The engineering required a number of interior walls to be sheathed with OSB.

 

[reader2580]

I was at Menards yesterday. They had more treated lumber in their yard than I had ever seen before. All of the treated lumber racks were full plus they had many bunks of treated lumber piled up in the yard.

 

[Dagny]

same here

 

[mmb617]

No relief in sight. My friend who manages a building supply materials distribution warehouse says the price they pay for lumber is still going up. The price the end user pays isn't going down while that's happening.

 

[karoc]

With daily increase in prices, it seems that business taking advantage of situation. Lumber prices climbing faster than gas prices

 

[DFB]

I just scored 42 pcs 2x 8 x10ft PT for just under $15 a piece at my local lumber yard. Same sized boards at HD were almost $22 each. And they were saying new stock coming would meet or exceed the current HD price. Oddly enough 5/4 x 6 12 foot decking was cheaper at the HD, 6x6 and 2 x10's were all about the same in price both places.

Also was told 1/2" CDX ply was priced out of site and certain Advantech sheet goods might be in short supply for while

 

[Slick111]

Plenty of logs stacked at the mills here just no one working to turn it into lumber

 

[mercifiknow]

Building a house. Not just lumber prices going up...


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[isb cornbinder]

I live in British Columbia, lumber country. The price of wood has doubled in the last two years. Steel prices at Metal Supermarket are nearly double in 2021. I am retired. I do not have a customer to pass the price increases on to, so my serious hobbies have taken a hit.
I carry on anyway.

 

[dcs13]

Good grief. I hadn't needed any lumber in a long time. needed some 2x4's to brace some fence posts I was setting. $6.75 for the cheap ones. (Outside of Austin Texas)... crazy

 

[DFB]

Good grief. I hadn't needed any lumber in a long time. needed some 2x4's to brace some fence posts I was setting. $6.75 for the cheap ones. (Outside of Austin Texas)... crazy

Crazy is right I just paid almost $9.00 each for premuim KD SPF earlier in the week!

Was over $52 with tax for 6 pcs 2 x4 x 8'

 

[Dagny]

Had the amish neighbor make me a big pile of lumber white oak white ash and some yellow poplar. it's kind of hard to work with but I ain't paying what they want since I own thousands of nice hardwood trees

 

[dcg9381]

Building a house. Not just lumber prices going up...

For sure.. And lots of stuff on backorder (months).
Concrete hit $110 yard (cash price) here...
I was shocked at the lumber prices at Home Depot this weekend.. The old lumber pile out back is valuable!