Lumber prices

How long until it goes back down?

spring

a piece of 7/16" OSB is $23 today

We built a house in 2004, OSB was $24 a sheet back then (here anyways). I believe there was 3 hurricanes that year and it made prices nuts. I’m surprised lumber isn’t higher.

we were paying $13 early this year & that was with radiant barrier
52 week low is $8.26

Yeah last I heard the prices had quadrupled. Guess I'll continue to postpone my fence.

I bought 4 -16'x 5/4 treated deck boards last Friday @ $26.00 each. They should run around $.90/ft ea.

A lot of the west coast lumber is on fire. Might keep the prices higher for awhile.

I could buy good 2x12's in any length cheaper than I could get 1x12's last week. Just didn't make sense to me.

I'm thinking that unless it's a specialty lumber like western red cedar or redwood, 99% of the wood sold in most of Texas is southern yellow pine.

And crooked as heck

LOL yes it is

Funny this thread comes up. I've been shocked at the rise in lumber prices.
I actually just left from getting a price to replace 544' of fence, 3 rails, posts and concrete for post over $7,200 break that down about $13 a ft in material
8 months ago I could get it around $6-8 ft.

Looks like I'll put off the deer blinds that I've been thinking about making.

JR

Oh, and they didn't have enough pickets and didn't know when they would be getting enough in. I ran into that on another fence job about a month ago, I check over 20 places in the Houston area and most didn't have any pickets or just a few I had to go to College Station to get them and bring them back.

Not even close to the ceiling yet... have seen builders recently buy lumber for 6-10 houses before the forms are even set for the slab to try and get it all before the next increase. That OSB price will be closer to $35 before it’s all said and done. Availability issues are just showing up, I know of some places that can’t get several lengths of 2X6 right now. Some cedar is getting really tough too

Put building my shop on hold till after the first of the year. Boat fits just fine in garage. Will leave that money in the bank and not pay 3-4 times more for it to get built now. Will wait it out.

Yeah, went to the box store the other day for a simple 2x4. HooocheyMAMA! $5.65 now for a cheap a$$ 2x4!

Yellow pine is the wood that never stops moving.

We just built an enclosure for our new miniature donkey. What would’ve cost me less than $500 normally cost me over $1,200. Absolutely ridiculous.

great way to put it ^

We are doing the concrete work on a big apartment complex up in Denton, was there last week and they were building a big security fence up in the middle of the project and filling it up with truck loads of lumber, I asked the project manager what was going on, he said by accepting all the lumber for the project right now they were saving over 1M dollars, he said the lumber prices are really going to hurt a lot of their future projects.

$845 for forming material for a retaining wall today. And I’m not done.

There is a shortage of cedar.

I'm a project manager for a homebuilder in Washington state. I just finished one home and if I started it today it would cost 50k more.

We put our build on hold till hopefully spring. I'm thinking about selling the land now and just buying something. Its ridiculous and people are buying new builds before the slab is poured still. I cant make myself pay these prices. Every time I pulled in the driveway I would be pissed

My friend who is in lumber sales for large homebuilders mentioned they only guarantee the price quoted for 5 business days. That's how fast it's changing.

We expect daily updates on prices from your inside source. Don't let us down.

I'm not buying pine for homes, I buy cedar for pergolas and fence. It has gone nuts.

Paid $5/picket for pre-stained 1x6x6 dog earred. Crazy prices

That's actually what I'm interested in. Western Red Cedar.

Cedar Supply in Carrollton for WRC all dimensions.

Master Halco for cedar pickets.

Friend of mine just said it cost him 30k more to build a cabin than it did the last one.

Why didn't he postpone?

None of this money trickling down. Stumpage prices the same, delivered logs about the same. Shoot the middle man.

fire rated plywood
down $2 since Friday

This along with the end retailers !!!

I work for a truss manufacture specializing in multi family projects. In March we were able to buy lumber some where around 400-450 dollars per 1000 board feet of number 2 grade southern yellow pine. We just recently bought a truck load for $997 per 1000 board feet lucky we usually buy lumber stock in 3-6 month increments so this job might end up being a wash. In the beginning it was all of the DIY projects that started the shortage. The big box stores are the largest purchasers of dimensional lumber specifically treated lumber.

The way the lumber treatment people buy from the lumber mills is on some type of future average. Well since all of the big box stores pretty much sold out of lumber in the beginning of the pandemic, it jumped the futures way up and a large portion of what was available was allocated for them. Then include the nationwide shut down and the mandatory shut downs if a mill worker tested positive and the west coast fires burning up all of the Douglas fir. Well our lowly southern yellow pine is now a very hot commodity especially since the markets that used fir wood are now having to buy yellow pine.

What is really interesting is that our lumber inspector has gone to a few mills recently and has not noticed a shortage of lumber of any grade in their staging yards like one would think with prices so high. It leaves one to ponder

Supply and demand. Even if the supply stays the same, if the demand goes up, the prices will follow.

Demand is insane right now... shipping close to 10 million pounds of stick lumber a week to job sites locally... as are 4 other lumber yards in our area and it’s still not enough to keep up.

interest rates down = increased number of new housing starts

Canadian Tariffs on their lumber
Pandemic shut down mills
Construction boomed
Lack of lumber
Calif. Fires
Low interest rates on housing

Cabin fever? ba doom boom

Mill prices will dump before Thanksgiving

solid 8.8

https://www.bdcnetwork.com/no-ease-lumber-price-spikes-sight?oly_enc_id=3792C4374467G2W

do you fabricate for NE Construction ?

How is the truss business these days?. The company i worked for in the 80s owned Timber Tech. We had 4 plants. 2 in Texas. I spent months at a time in all 4. After we sold them off I contracted with the owner of the Cibolo, Tx plant to provide me with quotes on lumber. We had an exclusive agreement with UFP and I used his quotes to keep UFP honest.

Also, the recent hurricanes on the gulf coast have destroyed and damaged thousands of homes. Contractors are busy and it is challenging to get the materials. This happened in 2005 and 2008 after Rita and Ike hit our area, prices went way up for all materials and the wait for a contractor and delivery of materials was long.

I remember the sheetrock shortage after Katrina. I was working in Milwaukee and a co worker was building a new home. The builder called him and was forced to move the estimated closing date out by X number of weeks. "Can't find sheetrock, and even if I could, all the installers have gone South because of the demand".

So do yall think some species of lumber are more affected than others? Like cedar vs pine? Or is it all just up about the same?

from the early 90s to about 99 it was cheaper for us to buy mahogany for decks than redwood, ever hear of the spotted owl?

all our decks in colorado were redwood due to customer demand, we did do 3 homes with mahogany due to no redwood even available.

western forest management sucks and can affect national pricing really quick when their fires and bs do what they are doing now.

Southern yellow pine is the prime framing material and every house built from Texas east and north to the Mason Dixon will use this. That's the majority of building.

I remember back in the 80's there was a lot of Canadian fir/spruce (?) dumped in US markets by the Canadian gubmint subsidized Canadian timber industry. Don't think that is the case anymore. That stuff was light and easy on saw blades because it was just not as dense as our pine lumber.

Cedar, I think is more a trim material with some siding.

I'm sure the production of board feet is down on everything but I'd think because of more severe COVID restrictions out west that would really affect western Cedar.

Hops, correct me on my assumptions above. You'd know more than I would!

Not necessarily! Refinances or home purchases are nearly double or triple the amount of new home constructions. Cant speak for all markets, but I know that's the case for my market.

fir is preferred due to how light and easy to work with it is, not quite a stout in horizontal as syp but still a great wood to build with.

right on the saw blade thing too, I have seen syp dull a new blade before lunch, it splits bad if nailed wrong, is heavy as can be when wet and most comes out wet due to where it is stored.


and cedar is a trim wood, worthless structurally except in certain circumstances like a pergola rafter etc.