lumber-prices-50k - Historical Lumber Prices - Lumber Price Explosion - Visual Capitalist

Lumber Price Explosion

May 8, 2021

The lumber price explosion has been a hot topic for about 9 months, and the story continues.

Up to now, we have blamed COVID mainly, but also the cold weather event in Texas.  But there are some other factors at play also, per this attached article from Visual Capitalist.

These extraordinary events and costs are certainly affecting the construction industry.  However, all indicators are telling us that the design + construction markets remain as hot as ever.  How much will these circumstances affect your decision to renovate or build new?

Historical Lumber Prices - Lumber Price Explosion - Visual Capitalist
Historical Lumber Prices – Lumber Price Explosion – Visual Capitalist
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