Why Is Wood So Expensive Today at Seth Struth blog

Why Is Wood So Expensive Today. Why the price of lumber is dropping now. As of the week of march 25, the price of lumber per thousand board feet is at $1,032,. He estimates that in 2022, lumber consumption fell by 1.6% as a result of sudden weakening in new residential construction activity in the second half of the year and a major. Over the past year, rising interest rates have weighed heavily on the demand for new homes,. As the pandemic crushed the us economy last spring, sawmills shut down lumber production to brace for a housing slump. Despite the recent drop in prices, lumber still costs about 80% more now than it did before. A number of factors are shaving hundreds of dollars off the wholesale price of softwood lumber. In recent days, i spoke with a dozen people across the lumber industry about the economics of the current craze and why lumber is so expensive and so hard to come by. But for lumber, that's still not the end of the story. Today, the rate is around the 7% level.

Why the price of lumber is dropping now. Despite the recent drop in prices, lumber still costs about 80% more now than it did before. In recent days, i spoke with a dozen people across the lumber industry about the economics of the current craze and why lumber is so expensive and so hard to come by. As the pandemic crushed the us economy last spring, sawmills shut down lumber production to brace for a housing slump. Over the past year, rising interest rates have weighed heavily on the demand for new homes,. But for lumber, that's still not the end of the story. A number of factors are shaving hundreds of dollars off the wholesale price of softwood lumber. As of the week of march 25, the price of lumber per thousand board feet is at $1,032,. He estimates that in 2022, lumber consumption fell by 1.6% as a result of sudden weakening in new residential construction activity in the second half of the year and a major. Today, the rate is around the 7% level.

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Why Is Wood So Expensive Today As of the week of march 25, the price of lumber per thousand board feet is at $1,032,. Why the price of lumber is dropping now. Over the past year, rising interest rates have weighed heavily on the demand for new homes,. A number of factors are shaving hundreds of dollars off the wholesale price of softwood lumber. In recent days, i spoke with a dozen people across the lumber industry about the economics of the current craze and why lumber is so expensive and so hard to come by. As the pandemic crushed the us economy last spring, sawmills shut down lumber production to brace for a housing slump. He estimates that in 2022, lumber consumption fell by 1.6% as a result of sudden weakening in new residential construction activity in the second half of the year and a major. Today, the rate is around the 7% level. But for lumber, that's still not the end of the story. As of the week of march 25, the price of lumber per thousand board feet is at $1,032,. Despite the recent drop in prices, lumber still costs about 80% more now than it did before.