Lumber prices soar

2 Results / Page 1 of 1

Background

Home Improvement

Lumber Prices have dropped slightly since May, but experts say they’ll stay High for Years

While lumber prices have fallen back from May's record high of $1,700 per thousand board feet, commodity experts anticipate the home-building product to trade above $1,000 (well above the $400 historical average) for the next three to five years. Weyerhaeuser CEO Devin Stockfish recently told TIME that home repair and remodeling projects will continue to keep lumber prices elevated. Though the red-hot housing market has largely been credited with driving […]

todayJuly 1, 2021

Home Improvement

Your Home Improvement Project may have just become a LOT more Expensive

Business Insider reports that many home-improvement goods including appliances, paint, and fertilizer are getting more expensive as companies continue to announce price hikes to combat shortages and rising shipping costs. Price tags on consumer goods have risen over 10% from a year ago, The Wall Street Journal reported over the weekend, citing NielsenIQ. Demand for home improvement items caused by the work-from-home boom has pushed prices to new highs and […]

todayMay 13, 2021

Subscribe

LISTEN WITH YOUR APP

0%