Lumber prices at their highest in years
If you're about to start any projects that are going to require lumber, like say a framing walls or a building a pull-down attic staircase, you might want to hold off a bit. A perfect storm of bad weather, new export agreements with Canada, demand and depleted inventories have conspired to drive up the prices 26 percent from just the start of this year. So framing lumber that averaged $251 per 1,000 boards in January is now going for around $317, or near what it was way back in July 2006, according to the National Association of Home Builders. But the good news, according to NAHB Senior Economist Bernard Markstein, is that the prices should come down within a few weeks as the inventories get built up again and (hopefully) Mother Nature gives it a rest with the cold and damp weather.
When that happens and you do decide to start your next DIY project, be sure to check out this story for tips on picking out the best wood boards.
Posted by Natalie Rodriguez | Categories: News | Permalink
(1) Comments
On top of it, it all seems like crap wood as well. The last 3 loads I've gotten at lowes, I swear, 3 out of 4 nails bend like they hit knots in the wood - and there aren't any visible knots. Either that or the box of nails I've got is defective.