Lumber prices climbed Tuesday, boosted in large part by housing data showing an unexpected rebound in new construction last month. Housing starts jumped 12.2% in August to an annual rate of 1.575 ...
While framing-lumber prices have come down, the costs of a lot of other building materials haven't. If you're building a deck, for example, the deck planks won't be cheap, though the framing will be.
Lumber is not the only building material seeing a surge in prices. The cost of aluminum is also increasing due to the yen’s depreciation to its weakest level against the U.S. dollar in nearly 20 ...
but also for home and commercial-property repair and for exported building goods, thanks to improving economies overseas. Overall, lumber prices are up significantly in mid-2023, with the ...
prices for the essential building commodity could continue higher into the summer months due to historically low inventory and a seasonally strong period for lumber as the homebuilding season ...